FOR IMMEDIATE RELEASE
December 3, 2010
STATEMENT OF MAYOR MICHAEL R. BLOOMBERG ON NATIONAL COMMISSION ON FISCAL RESPONSIBILITY AND REFORM
"The failure of the debt-reduction commission to achieve a 14-vote consensus is a casualty of the partisanship and fantasy-land budgeting in Washington that is hurting our economy and our future. Both political parties and their leaders need to wake up to the fundamental challenge: unless a plan is put in place to intelligently address our debt crisis over time, the economy will suffer and any long term effort to create job growth and opportunity will be hurt. The health of the New York City economy is tied to the health of our nation's economy. No New Yorker can afford Washington's continued failure to address the debt issue head-on."
Stu Loeser / Marc La Vorgna (212) 788-2958