The Wall Street Journal: Budget Deal Reverses Cuts

Bloomberg and Quinn Say Agreement Is Reached on $68.5 Billion in Spending

Michael Howard Saul-June 25, 2012

Mayor Michael Bloomberg and the New York City Council on Monday reached an agreement in principle on a $68.5 billion budget for the fiscal year that begins Sunday, restoring hundreds of millions of dollars in proposed cuts to child care, after-school programs, fire service and libraries.

Read More Here:http://online.wsj.com/article/SB10001424052702304782404577489261467054178.html?mod=WSJ_NY_LEFTSecondStories

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