{"id":4059,"date":"2008-12-12T15:42:35","date_gmt":"2008-12-12T20:42:35","guid":{"rendered":"https:\/\/www.bridgeandtunnelclub.com\/blog\/?p=4059"},"modified":"2008-12-12T15:42:35","modified_gmt":"2008-12-12T20:42:35","slug":"on_the_absurdity_of_rebates","status":"publish","type":"post","link":"https:\/\/www.bridgeandtunnelclub.com\/blog\/archives\/2008\/12\/on_the_absurdity_of_rebates.html","title":{"rendered":"On The Absurdity Of Rebates"},"content":{"rendered":"<p>Smoke and mirrors, <a href=\"http:\/\/www.nypost.com\/seven\/12122008\/news\/regionalnews\/mike_gives_council_budget_ultimatum_143774.htm\">just without bothering with the smoke and mirror part<\/a>:<\/p>\n<blockquote><p><em>Facing unexpected resistance in the City Council over his midyear budget changes, Mayor Bloomberg warned yesterday that he&#8217;ll order more drastic agency cuts in two weeks if a deal isn&#8217;t reached quickly. <\/p>\n<p>&#8220;If we decide to &#8212; or have to &#8212; send out the [$400 property-tax] rebate or the City Council doesn&#8217;t act, the $1.4 billion cut is not adequate, and we will send out another letter next week,&#8221; the mayor said. <\/p>\n<p>That letter would be directed at agency heads, who were told on Wednesday to come up with another $1.4 billion in savings starting July 1. <\/p>\n<p>Sources said the chief sticking point in the negotiations is the 7 percent property tax increase that the mayor has asked the council to approve as of Jan. 1 to generate an extra $600 million. <\/p>\n<p>The sources said Bloomberg is willing to accede to the council&#8217;s demand that he send out the $400 property-tax rebate to small-home owners this year &#8212; but only after it approves the property-tax hike.<\/em><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Smoke and mirrors, just without bothering with the smoke and mirror part: Facing unexpected resistance in the City Council over his midyear budget changes, Mayor Bloomberg warned yesterday that he&#8217;ll order more drastic agency cuts in two weeks if a deal isn&#8217;t reached quickly. &#8220;If we decide to &#8212; or have to &#8212; send out [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51,68,38],"tags":[],"class_list":["post-4059","post","type-post","status-publish","format-standard","hentry","category-everyone_is_to_blame_here","category-follow_the_money","category-i_dont_get_it"],"_links":{"self":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/4059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/comments?post=4059"}],"version-history":[{"count":1,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/4059\/revisions"}],"predecessor-version":[{"id":4060,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/4059\/revisions\/4060"}],"wp:attachment":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/media?parent=4059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/categories?post=4059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/tags?post=4059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}