#spending growth

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www.nytimes.com
7 months ago
NYC politics

Opinion | New York's Era of Overspending Ends With a Shudder

New York City is facing deep budget cuts, including closures of libraries on Sundays and delays in public services.
The city's budget deficit is estimated to be around $7-10.6 billion, and more cuts may be on the horizon.
The spending growth over the past decade and the impact of the pandemic have contributed to the city's financial troubles. [ more ]
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