Bill de Blasio Unveils Giant $73.7 Billion Budget

de blasio

Bill de Blasio’s runaway $73.7 billion 2015 budget is a more than $4-5 billion increase over Mayor Bloomberg’s already insane $68.5 billion budget for 2014 and $70 billion budget in 2014.

The entire New Jersey state budget in 2013 was $31 billion. The Connecticut state budget was $40 billion. The Pennsylvania state budget was $24 billion.

Bill de Blasio’s city budget is bigger than the budgets of the two other states in the tri-state area with a combined population of 20 million people.

Where is that huge pile of money going? Here’s a hint.

“Ours is a progressive administration. Our budget will be a progressive budget,” Bill de Blasio said. “There is nothing mutually exclusive between being both fiscally responsible and economically progressive.”

That was a punchline by the way. You were supposed to laugh.

To see just what a mess progressives have made of New York’s fiscal viability, Giuliani’s budget for 2000 was $36.7 billion and that was after City Council pressure eliminated most of the cuts.

Unlike Bloomberg, Giuliani had done a reasonably good job of holding the line. His 1993 budget was $32 billion. That’s an increase of $4 billion in two terms.

Compare that to Bloomberg’s $42.3 billion budget in 2002. By the time he was out of office, it was $70 billion.

But let’s try again, where is all that money going?

The unions are demanding pay raises and back pay that could amount to as much as $7 billion.

That would be the same unions who helped put Bill de Blasio into Gracie Mansion, assuming that he and his messed up brood ever move in there.

  • Alisia S

    Goodbye NYC. It was nice knowing you…

  • Judahlevi

    A “progressive” budget, for those who don’t know, means that the government decides how much of your money they want and then leave you the rest. You work for the government, not yourself. It is their money to divide up however they want to.

    Only after they are finished with all of their special give-away projects (for the people who voted for them) will there be anything left of your money.

    Yes, you can become a slave to the state if the state confiscates as much of your money as they want. As we all know, states don’t create wealth, they only confiscate it by force (IRS). NYC is in for a rude awakening.

    The progressive budget = “Freedom is Slavery”

    • carpe diem 36

      i just love it!! the useful idiots are doing it to themselves, and I hope they will destroy this beautiful City, which they are obviously doing. it came back from a bankrupt city to a shiny successful place, but this was not good enough for the Liberal-Progressives. so now they have their progress.

  • JJ

    Ours is a progressive administration. Our budget will be a progressive budget,” Bill de Blasio said. “There is nothing mutually exclusive between being both fiscally responsible and economically progressive
    Ah, Bill, the results of such a progressive administration and budget will undoubtedly be REGRESSIVE!

  • john spielman

    I wonder how much of this budget will be financed by (junk) municipal bonds? People and financial institutions have been burned badly by the bankruptcy of Detroit and I doubt they will be able to sell their bonds except at unrealistic rates which WILL seal the city’s doom.

  • Inane Rambler

    Where does NYC get the money?