Thursday, July 2, 2020

Mo Money...

How NYC subways got so bad: NYT report - Business Insider


“How on earth do you think that New York City can get back on its feet without federal support?” . “Mr. President, are you going to save New York City, or are you telling New York City to drop dead?”
De Blasio is requesting the President call on Senate Republicans to provide federal stimulus to New York City.
According to the mayor, the city cut the budget from its initial $95.3 billion proposal as it struggled to balance funds amid a huge revenue deficit triggered by the coronavirus pandemic.
"Nine billion dollars evaporated in the span of just months," de Blasio said. "That's what we had to deal with here and it was a challenge."  
Due to the billions of dollars that were cut in savings, de Blasio said the city will work with labor unions to find ways to make up for those cuts and avoid layoffs come October.
 Just a thought.

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