NYC needs to rein in runaway spending to a tune of $6B even with Albany bailout: Comptroller

New York City needs to rein in more than $6 billion in out-of-control spending, including massive cuts to the controversial housing voucher program and school funding, the city’s fiscal watchdog said. Even if Albany swoops in to save the city from its budget deficit this year, it still needs to start making cuts to ensure … Read more