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<a href="http://www.accessmylibrary.com/coms2/summary_0286-25282530_ITM" title="Facts and information about N.Y.C. Mayor proposes bond issue to finance growing deficit. (News Briefs).(Michael Bloomberg proposes bond sale)(Brief Article)(Statistical Data Included)">N.Y.C. Mayor proposes bond issue to finance growing deficit. (News Briefs).(Michael Bloomberg proposes bond sale)(Brief Article)(Statistical Data Included)</a>
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N.Y.C. Mayor proposes bond issue to finance growing deficit. (News Briefs).(Michael Bloomberg proposes bond sale)(Brief Article)(Statistical Data Included)
Confronting a fiscal 2003 deficit of $4.8 billion, New York City Mayor Michael Bloomberg has proposed a $1.5 billion bond sale to finance city operations. The mayor's budget balancing strategy also includes $1.8 billion in spending cuts and $800 million in federal and state aid. Plans for reducing spending include shrinking the city's police force by 1,600 officers through attrition. In announcing his ...
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