Thursday, December 4, 2008

NYC Mayor, Michael Bloomberg Sees Deficit Spiking to $1.6 Bln

New York City's Mayor Michael Bloomberg on Wednesday estimated that tax revenues had fallen enough to add as much as another $300 million to the deficit, pushing it to $1.6 billion...

Read more NYC Mayor, Michael Bloomberg Sees Deficit Spiking to $1.6 Bln

Source: Reuters

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