4 New York: Mayor, NYC Council Announce $68.5B Budget Deal
Both sides announced the agreement on the roughly $68.5 billion budget Monday
June 26, 2012
Mayor Bloomberg and the City Council reached an agreement Monday on a $68.5 billion budget that they said includes a combination of resources from previous years, one-shot infusions and revenues from an improving economy to avoid raising taxes and laying off essential workers and finds even more funding for child care programs that had been under threat of cuts.
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