n2nh
08-25-2007, 06:58 AM
Quote[/b] ]Rudolph W. Giuliani has been broadcasting radio advertisements in Iowa and other states far from the city he once led stating that as mayor of New York, he “turned a $2.3 billion deficit into a multibillion dollar surplus.”
The assertion, which Mr. Giuliani has repeated on the trail as he has promoted his fiscal conservatism, is somewhat misleading, independent fiscal monitors said. In fact, Mr. Giuliani left his successor, Michael R. Bloomberg, with a bigger deficit than the one Mr. Giuliani had to deal with when he arrived in 1994. And that deficit would have been large even if the city had not been attacked on Sept. 11, 2001.
* Rudy left Bloomberg a bigger deficit than he inherited from Dinkins. STORY HERE. * (http://www.nytimes.com/2007/08/25/us/politics/25giuliani.html?ex=1345694400&en=a60e11f7c17f4ee0&ei=5088&partner=rssnyt&emc=rss)
The assertion, which Mr. Giuliani has repeated on the trail as he has promoted his fiscal conservatism, is somewhat misleading, independent fiscal monitors said. In fact, Mr. Giuliani left his successor, Michael R. Bloomberg, with a bigger deficit than the one Mr. Giuliani had to deal with when he arrived in 1994. And that deficit would have been large even if the city had not been attacked on Sept. 11, 2001.
* Rudy left Bloomberg a bigger deficit than he inherited from Dinkins. STORY HERE. * (http://www.nytimes.com/2007/08/25/us/politics/25giuliani.html?ex=1345694400&en=a60e11f7c17f4ee0&ei=5088&partner=rssnyt&emc=rss)