FOR IMMEDIATE RELEASE
January 25, 2009
STATEMENT BY MAYOR MICHAEL R. BLOOMBERG ON FEDERAL STIMULUS PACKAGE UNVEILED BY SENATOR SCHUMER AND CONGRESSMAN RANGEL
Stimulus Package will Provide $3.4 Billion in Direct Relief to New York City over the Next Two Years
"The new Federal stimulus bill is shaping up to include some much needed relief for New York City, thanks to Chuck Schumer, Charlie Rangel, and the rest of our Congressional delegation, who deserve our thanks for their hard work and effective leadership. Later this week, I am going to present the City's budget for the next fiscal year, and it should surprise no one that things are going to get worse for us before they better. We can't expect to discover silver bullet solutions, just like we can't expect Washington to solve all our problems. But while this package won't solve all of our New York City's budget problems, it certainly will help a lot."
Stu Loeser/Marc La Vorgna (212) 788-2958
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