Reuters: NYC budget accord saves day care, fire companies

Joan Gralla-June, 25, 2012

(Reuters) – New York City Mayor Michael Bloomberg and the City Council on Monday agreed on a $68.5 billion 2013 budget, which spares 20 fire companies from the ax and increases funding for day-care and after-school programs.

“We’ve again produced an on-time, balanced budget for our city that doesn’t raise taxes on New Yorkers, and that preserves the essential services that keep our city strong,” the mayor, a political independent, said at a news conference.

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