Sentences with phrase «reckless pension bill»
«This was a false choice... a deeply flawed and severely limited minimum wage bill that never would have passed in exchange for a fiscally reckless pension bill that would have cost New York City taxpayers $ 6 billion,» mayoral spokeswoman Karen Hinton said.
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The argument against the BOL's suggested use of $ 11 million from the fund balance — that it imperils the County's AAA bond rating — is a smokescreen for reckless budget cuts, said Jenkins, who noted that the Astorino Administration already used millions from the fund balance this year to pay a pension bill and has notified the BOL that it will need an additional $ 8.8 million from the fund balance by the end of December to «even out» the 2012 books.