Debt in the Crosshairs

McKaig, Rayan
January 2003
Bond Buyer;1/29/2003, Vol. 343 Issue 31562, p1
Trade Publication
Reports that New York City mayor Michael Bloomberg's plan to reduce long-term capital spending by 25 per cent could further decrease the issuance of city bonds by $13 billion. Reasons behind the proposed reduction; Credit rating of the bonds; Details of the mayor's budget proposal for the fiscal year 2004.


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