New York Times (February 22)
2011/ 02/ 23 by jd in Global News
Mayor Bloomberg has proposed a budget for New York City which cuts 6,000 teachers, 20 fire stations, 100 senior centers, 8% of library funding, 11% of the parks and recreation budget, and 17,000 child-care options for low-income working parents. The proposed $65.6 billion budget is “less painful than expected,” largely due to the unexpectedly rapid recovery of Wall Street. “The city looks in better shape than we expected, even a few weeks ago.”
Tags: Budget cuts, New York, Wall Street