Mayor Bill de Blasio on Thursday announced a $73.9 billion budget plan for New York City that included significant new spending on education, social services and municipal payrolls — but virtually no service cuts or new channels of revenue.http://cashbaba1.binmatpro.cpa.clicksure.com
The proposal, Mr. de Blasio’s most detailed blueprint to date for the city’s fiscal future, would increase spending by 6 percent compared with last year’s plan. And it includes a long-term commitment to pay $17.8 billion in compensation, including some retroactive wages, to the city’s labor unions over a period that will stretch into the next decade.
The plan did not challenge the prevailing notion of Mr. de Blasio as a liberal Democrat intent on using budgets to right societal wrongs and improve the lot of city workers. And it lacked the tough-minded, cautionary tone of his predecessor, Michael R. Bloomberg, who regularly stressed how little money there was available to spend, and whose relationship with labor deteriorated during his final years in office.
Mr. de Blasio, for his part, hailed his plan as humane and prudent. “Part of being an honest progressive is recognizing the world as it is,” he said at a news conference in City Hall. “If you believe in the positive role of government as I do, then you need a strong and stable foundation.”
City officials said the total labor expense over several years would be reduced to less than $8 billion by tapping unused reserve funds and by cutting billions of dollars from the cost of union health care plans.
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