The City Is Cutting Back, Including on Police and Education Budgets

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Eyes on the bottom line. Photo: Janet Mayer/Splash News

The Bloomberg administration is expected to announce 2 percent cuts across the board for this year, including education and police–fire service, normally spared the brunt of such cost-cutting measures. Department heads will also be asked to pare 6 percent from their budget next year, for a total savings of $2 billion over the next eighteen months. [CityRoom/NYT]