Wednesday, September 25, 2024

Council OKs Budget, Overrides Bloomberg Veto

The City Council approved an on-time, balanced budget of $68.5 billion on Thursday – and flexed its legislative muscle in overriding the mayor’s veto of two laws aimed at low-wage workers and the city’s banking sector.

Mayor Michael Bloomberg and Speaker Christine Quinn announced their handshake agreement last Monday, which restored funding for fire companies and child-care programs.

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