Mayor Bill de Blasio Announces $98.6 Billion 'Recovery Budget'
Mayor Bill de Blasio on Monday released a $98.6 billion executive budget proposal for the 2022 fiscal year, relying on new federal funds to massively increase spending aimed at spurring the city’s recovery from the coronavirus pandemic. The mayor’s “recovery budget” invests deeply in New Yorkers, he said at his budget presentation from City Hall, with resources going towards fair student funding, summer youth programs, early childhood education, job creation, gun violence prevention, mental health services, nonprofit community groups, small businesses, and more. The executive budget r...