NY1:Taxi Court Challenge Could Cause City Budget Problems
Taxi Court Challenge Could Cause City Budget Problems
Grace Rauh- June, 6, 2012
A court challenge to Mayor Bloomberg’s taxi expansion plan is throwing a new wrench into the city’s budget battle just a few weeks before the deadline to reach a deal, litigation that could cost the city $1 billion. NY1′s Grace Rauh filed the following report.
There are only a few weeks to go before the city needs to reach a deal on a budget. But now, amid protests for fire companies and day care programs, there’s an ominous new development in the mix: the threat of a hole of $1 billion in the budget that starts in July.