Bloomberg: Paterson's Budget Will "Run The Entire State Into The Ground"

Bloomberg State Of The City: Paterson's Budget Will "Run The Entire State Into The Ground"

Mayor Bloomberg took a swipe at Gov. Paterson's budget on Wednesday, warning it will "run the entire state into the ground."

The proposed $134 billion state spending plan unveiled Tuesday slashes $750 million from the city's allocation and adds $1 billion in new taxes and fees across the state, according to Paterson's office.

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