ABC News logo ABC News 3 weeks ago

NYC's Current Budget Perils May Be Worse Than 2002

NEW YORK (Reuters) - New York City's current budget crisis may be even worse than the one Mayor Michael Bloomberg inherited in 2002 from Republican Mayor Rudy Giuliani. Today's budget repair kit also has fewer tools. Full Article at ABC News

Related Topics:

  1. Michael Bloomberg
  2. U.S. Republican Party
  3. Forbes Magazine

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Related Quotes

  1. I've tried to reach out to everybody on both sides of the aisle
    Michael Bloomberg – Michael Bloomberg SOURCE: ABC News 3 weeks ago
  2. I've said that the worst is over (but) there are still people losing their jobs and in danger of losing their homes
    Michael Bloomberg – Michael Bloomberg SOURCE: ABC News 3 weeks ago
  3. We don't have any more money and we certainly don't want to raise more taxes
    Michael Bloomberg – Michael Bloomberg SOURCE: ABC News 3 weeks ago
  4. We don't have any more money and we certainly don't want to raise more taxes
    Michael Bloomberg – Michael Bloomberg SOURCE: Reuters 3 weeks ago
View all Related Quotes »
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  1. The Gate building, 2nd left, of Dubai International Financial Center, DIFC, remains closed today due to Eid al-Adha holidays in Dubai, United Arab Emirates, Saturday, Nov. 28, 2009.
  2. NEW YORK - NOVEMBER 18: (L-R) Wall Street financier Steven Rattner and managing editor of Fortune Magazine Andy Serwer attend the FORTUNE Breakfast and Conversation with Steven Rattner at Time & Life Building on November 18, 2009 in New York City.
  3. NEW YORK - NOVEMBER 16: CNN's Anderson Cooper attends the 8th Annual Elton John AIDS Foundation�s 'An Enduring Vision' benefit at Cipriani, Wall Street on November 16, 2009 in New York City.
  4. NEW YORK - NOVEMBER 16: A woman walks by as a New York City Police emergency vehicle idles on Wall Street on November 16, 2009 in New York City.
  5. NEW YORK - NOVEMBER 10: Actress Heather Matarazzo attends The 2009 Emery Awards and 30th Anniversary of the Hetrick-Martin Institute at Cipriani, Wall Street on November 10, 2009 in New York City.
  6. NEW YORK - SEPTEMBER 24: New Zealand's Prime MInister John Key (C) arrives on Wall Street to ring the closing bell of the New York Stock Exchange Thursday, September 24, 2009, in New York City. Stocks fell today for the second straight day of trading.
  7. NEW YORK - SEPTEMEBER 14: Scott Mazzella works on the floor of the New York Stock Exchange at the end of trading day on September 14, 2009 in New York City. President Obama gave a major speech on the state of the economy today at Wall Street.
  8. NEW YORK - SEPTEMBER 14: London Mayor Boris Johnson opens the NASDAQ exchange on September 14, 2009 in New York, New York. Priesident Obama gave a major speech on the state of the economy today at Wall Street.
  9. NEW YORK - SEPTEMBER 14: People take pictures as U.S. President Barack Obama arrives in a motorcade to a restaurant in the Greenwich Village neighborhood September 14, 2009 in New York City. Obama had lunch in the Village after giving a speece on Wall Street downtown.

Cast of Characters

  1. Federal Reserve Federal Reserve
  2. Michael Bloomberg Michael Bloomberg
  3. U.S. Republican Party U.S. Republican Party
  4. Forbes Magazine Forbes Magazine
  5. New York University New York University
  6. Bill Gates Bill Gates