Press Mention

Facing Historic Drop In Property Tax Revenue, De Blasio Proposes Austerity Budget

Gothamist

January 14, 2021

In a statement immediately following the mayor's remarks, Andrew Rein, of the Citizens Budget Commission, urged the city to make more dramatic cuts, in the form of changes to employee benefits as well as headcount reductions.



"Unfortunately, nearly one year into the fiscal crisis, the City still has not substantially embarked on the significant restructuring and spending restraint needed to stabilize its long-run finances," he said.

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