Mayor Eric Adams announced a revised $111.6 billion budget plan on Wednesday that avoids new spending cuts and increases estimates of the city’s tax haul, reflecting his administration’s increasingly sunny view of New York’s finances. But the proposal rebuffs the City Council’s request to undo far more of the billions of dollars in cuts he has ordered since last year, setting the stage for a tug-of-war with lawmakers in the coming weeks.The budget restores $80 million for childhood programs, cultural organizations and police classes that he had previously cut starting last year, when he warned that the migrant crisis and shrinking federal aid would lead to alarming shortfalls in the coming years. And City Hall says it has staved off the need for further cuts thanks to an improving economy, money from the state and its own efforts to pare down spending, especially on migrants — although critics have charged that the administration overstated the need for the initial cuts in the first place.“Thanks to our discipline and prudent approach, we’re able to invest in the things that matter to New Yorkers,” Adams said in a City Hall speech on Wednesday. The mayor has made a show in recent months of reversing some of the cuts he ordered beginning in November, no doubt conscious of polls that showed his approval rating plummeting amid widespread disapproval of his budgeting.Adams’ executive budget, which has grown compared to his $109 billion January plan, will serve as a framework... Continue reading at 'Crains New York'
[ Crains New York | 2024-04-24 16:53:57 UTC ]
Among the stories making news this week: veteran bookseller and library advocate Tim Coates releases a reader-focused survey; more drama over Drag Queen Storytimes; and what to expect from all the talk of antitrust action in the tech sector. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-14 04:00:00 UTC ]
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Facebook Inc. said Thursday it banned an Israeli company that ran an influence campaign aimed at disrupting elections in various countries and has canceled dozens of accounts engaged in spreading disinformation. Nathaniel Gleicher, Facebook’s head of cybersecurity policy, told reporters that... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-05-16 22:40:00 UTC ]
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Facebook Inc. said Thursday it banned an Israeli company that ran an influence campaign aimed at disrupting elections in various countries and has canceled dozens of accounts engaged in spreading disinformation. Nathaniel Gleicher, Facebook’s head of cybersecurity policy, told reporters that... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-05-16 22:40:00 UTC ]
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At the opening press conference at this year’s Frankfurt Book Fair (which ended October 18), Heinrich Riethmüller, the chairman of the German Publishers and Booksellers Association, told reporters about the German book industry’s battle to prevent Amazon from “monopolizing” the book business. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-23 00:00:00 UTC ]
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