Monday, March 21, 2011

New York City May Need $600 Million in Additional Budget Cuts, Page Says

New York City may need to cut spending by $600 million more because the state Legislature is unlikely to approve aid and other measures anticipated in a preliminary financial plan, Budget Director Mark Page said.

Source: http://www.bloomberg.com/news/2011-03-21/new-york-city-may-need-additional-600-million-cuts-budget-director-says.html

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