Monday 1 June 2020

Johnson Opposes De Blasio Borrowing Plan

Mayor Bill de Blasio … the idea of borrowing for operating expenses “fiscally questionable” and the state legislature …

With little guarantee that the city will get the funding needed to close a $9 billion deficit, City Council Speaker Corey …

A bill would allow the city to borrow up to $7 billion to pay its operating expenses. But gov. andrew cuomo said the maneuver …

Mayor De Blasio’s recent push to increase the city’s debt limit was confirmed by four sources with knowledge of the situation …

NYC Mayor De Blasio Speaks After Third Night of ProtestsThe first details of what New York City will look like when it starts its reopening are beginning to come into view: Up to 400,000 New Yorkers are expected to head back to work when the city enters …

The de Blasio administration is seeking authority from Albany to borrow up to $7 billion to make up for lost revenue.


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