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Fiscal Responsibility
Mike Bloomberg's fiscal stewardship led New York from a deep recession and record deficits to record surpluses, tax cuts, and the city's highest ever bond rating. As he did as founder and CEO of Bloomberg LP, Mayor Mike Bloomberg has found innovative ways to improve services while cutting waste and balancing the books.
 
The New York Times
The New York Times: The Mayor's Responsible Budget

Hard economic times are the real test of a mayor’s budgetary skills, and New Yorkers appear to be in luck.... continue

Mayor Michael R. Bloomberg accepts The National Mayoral Leadership Award from The U.S. Conference of Mayors.... continue

The following is Mayor Bloomberg's 2008 State of the City Address.... continue

New York Observer: Bloomberg's Smart Spending

A new analysis of spending under Mayor Michael Bloomberg shows he’s been on a stunning spending spree since taking office, with the city budget growing faster than under any other mayor for the past three decades. Good for him.... continue

For the third time in six weeks, New York City’s bond rating has been upgraded by an independent rating agency.... continue

With Fitch upgrading the City’s bond rating to AA- today, this is the second time this month that an independent rating agency has recognized our prudent fiscal management and upgraded the City’s credit.... continue

"America, the most wonderful country in the world, is at a crossroads. The politics of partisanship and the resulting inaction and excuses have paralyzed decision-making, primarily at the federal level, and the big issues of the day are not being addressed – leaving our future in jeopardy."... continue

The news that Standard and Poor’s has upgraded the City’s bond rating to ‘AA’ – the highest in the City’s history – is further evidence that that our prudent fiscal planning is paying off and that New York City’s economy continues to grow.... continue

New York Post: Mike's Straight Talk

Mayor Bloomberg is a surprisingly popular politician - perhaps because he's also an uncommon politician. Despite a stumble or two here and there in recent weeks - both self-inflicted (the school bus fiasco) and out of his control (the Sean Bell shooting) - his standing among New Yorkers remains consistently high.... continue

Mayor Michael R. Bloomberg today met with Sir Callum McCarthy, Chair of the Financial Services Authority (FSA) in London, to discuss ongoing trends and the increasing competitiveness of global financial markets.... continue

Mayor Michael R. Bloomberg announces his Fiscal Year 2008 Preliminary Budget and presents the four-year financial plan for New York City.... continue

Stringent Regulations, High Litigation Risk and Immigration Policy Causing New York’s Financial Markets to Lose Business and High-Skilled Workers to London and Other Overseas Competitors at Rapid Rate.... continue

New York Post: Mike Does Right

Mayor Mike will give New Yorkers a break today: a $1 billion tax cut. Hizzoner plans to outline a series of proposed trims - in property taxes, the sales tax, business taxes - in his State of the City Address. It's terrific news.... continue

Mayor Michael R. Bloomberg Governor George E. Pataki today announced that New York City is now an active partner with the State of New York in the state’s pilot Medicaid Fraud, Waste and Abuse Demonstration Project, designed to empower localities, primarily counties, to join with the State to increase vigilance over the Medicaid program.... continue

"Today...our population is growing. More New Yorkers are working than any time in the history of our city. Fewer New Yorkers are on the welfare rolls than at any time since 1964."... continue

The following is the text of Mayor Bloomberg’s Convocation Address as delivered at the University of Chicago in Chicago, Illinois.... continue

Mayor Michael R. Bloomberg announces that Standard & Poor’s (S&P) Rating Services upgraded its rating of City bonds to "AA-." The rating is the highest in the City's history.... continue

Mayor Michael R. Bloomberg today announced his Fiscal Year (FY) 2007 Executive Budget and presented an updated four-year financial plan for New York City.... continue

The New York Times
The New York Times: The Mayor's Prudent Budget

The first look at New York City budgets almost always reveals horrifying, multi-billion-dollar gaps that by law have to be closed. During his first four years in office, Mayor Michael Bloomberg became very adept at telling New Yorkers why and how the city would do more with less. This year he faces a new dilemma. The city is floating in black ink, a surprise surplus of some $3.3 billion.... continue

Mayor Michael Bloomberg Delivers the 2006 State Of The City Address "A Blueprint For New York City’s Future."... continue

The following is the text of Mayor Bloomberg’s 2005 State of the City Address as delivered at Hostos Community College in the Bronx.... continue

Mayor Michael R. Bloomberg today released his annual Campaign Accountability Report. Administration Is Fulfilling 86% of its Campaign Promises.... continue

The following is the text of Mayor Bloomberg’s 2002 State of the City Address.... continue

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