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News
Bloomberg and Unions Spar Over Cuts
by Jenna Flanagan
NEW YORK, NY April 09, 2009 —Mayor Bloomberg shot back at union leaders who have criticized him for proposing more layoffs. He says he won't have to lay off 7,000 city workers if unions agree to contribute toward health care costs, and to create a new, cheaper pension tier for new hires.
BLOOMBERG: They have come back with something. But it's nowhere near what is adequate. Our health care costs and pension costs are going to bankrupt the city. Plain and simple.
Yesterday, Harry Nespoli, head of the Municipal Labor Committee, an umbrella group of unions, criticized Bloomberg for negotiating in public. He says unions have offered the city ways to save some $200 million. The mayor's budget director says the city faces a $6 billion gap, $5 billion of which will be filled by surplus funds and federal economic stimulus aid.
Vote 2009
WNYC provides analysis of the characters and debates of those running for mayor, comptroller, public advocate, district attorney and City Council. Share your election story or gripe and post your comments on the news blog.
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Financial 411
WNYC's Amy Eddings hosts a daily overview of financial news at 4:30 weekdays which is available via podcast, with highlights from the day and a preview of what you can expect tomorrow.
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Main Street NYC
WNYC is following five blocks over the next year to see how the economic downturn is being experienced on the street level.
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Uncommon Economic Indicators
The Brian Lehrer Show is keeping a close eye on how the economy is affecting the little things in daily life. Share your stories and photos of the downturn.
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