Mayoral candidate and former comptroller Bill Thompson had harsh words for Mayor Michael Bloomberg and City Council Speaker Christine Quinn after a report from the Independent Budget Office highlighted issues with the city budget. The report noted “while projected budget gaps may currently appear modest—certainly when compared with gaps faced in some recent years—the next Mayor and City Council are likely to face significant budget challenges,” a situation Mr. Thompson described as Mr. Bloomberg and Ms. Quinn, rather literally, passing the buck.
“Today’s Independent Budget Office report once again confirms that Mayor Bloomberg and his partner in the budget, City Council Speaker Christine Quinn, continue to kick the fiscal can down the road and push tough economic decisions into the next Mayor’s term,” said Mr. Thompson in his statement.
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