Mayor Bill de Blasio has stowed away at least $1 billion in surplus money that could be used to settle the city’s more than 150 open labor contracts, according to city council members leaving the mayor’s preliminary budget briefing. Read More
dollar dollar bill y'all
Donors hoping to gain favor with newly elected Mayor Bill de Blasio had one last chance to fill his coffers before his administration kicked into high gear. They took advantage of the opportunity.
New and loyal backers pumped more than $2 million into Mr. de Blasio’s transition effort, new campaign finance filings show. And with Mr. de Blasio already elected, it perhaps isn’t surprising that many of those offering last-minute backing have a financial stake in his administration. Read More
Gov. Andrew Cuomo sounded the alarm bells over a potential federal default today, which he said would come with a price tag of as much as $2 billion in lost revenues for New York State alone. Read More