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Bloomberg To Testify On Funding Cuts

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TWC News: Bloomberg To Testify On Funding Cuts
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Mayor Michael Bloomberg is bringing his complaints about the state's budget proposal to Albany.

The mayor is expected to testify Monday before lawmakers about how Governor Andrew Cuomo's $133 billion proposal will hurt the city.

During his weekly radio address, Bloomberg applauded Cuomo's efforts to reduce spending but says the governor should restore $600 million in proposed cuts to city schools.

"We knew this year’s budget would include cuts, and we are prepared to share in the pain. But we shouldn't have to absorb more of the pain than the state’s other residents. Especially since the city provides the bulk of the state’s revenue. Yet the governor’s budget cuts aid to other localities by two percent, while New York City’s funding was cut by 100 percent. That will take away $300 million we could use to avoid some of the layoffs we are facing," Bloomberg said.

The mayor has already warned of thousands of layoffs.

Cuomo's budget also includes a billion dollar cut to Medicaid and slashing as many as 9,800 state jobs.

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