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.

Read More and Video Here: http://www.amsterdamnews.com/news/local/parents-teachers-unions-and-elected-officials-protest-bloomberg-childcare-cuts/article_473f2794-b025-11e1-8795-0019bb2963f4.html