Bloomberg Worries About Federal Funding, Ponders Garbage Fee

Michael Bloomberg today said he's "starting to worry" the federal government won't send about $600 million in federal healthcare aide to New York City, nor an additional $1 billion to the state.

Without the money, Bloomberg said the city will have to find new ways to cut spending and raise revenues.

Speaking to reporters after breaking ground for a new park on Staten Island, the mayor refused to rule out a plan to charge a fee for carting away garbage, a proposal that is floating around City Hall now.

"It's in the mix," Bloomberg said of the proposal. Without more information about what the city's finances will be like next year, you simply "can't rule anything out."