CBC Suggests Improvements to the City's January Financial Plan, While Praising the Mayor for His Proposal to Create a Health Insurance Trust Fund.

Mar 22, 2006

CBC releases a letter to Mayor Michael Bloomberg analyzing his January Financial Plan and suggesting ways to improve it as it evolves into the Executive Budget. The letter emphasizes the Commission’s enthusiasm for the Mayor’s proposal to create a Health Insurance Trust Fund and deposit about $3 billion into it over the next two years. CBC also suggests three ways to improve the January Plan through 1) better use of the surplus, 2) restraint on spending, and 3) reducing the cost of government.

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