New York Mayor Bill de Blasio rolled out his executive budget Wednesday, an $84.86 billion proposal that comes at a time when city officials are bracing for potential cuts from the Trump administration. The mayor’s budget would add hundreds of millions to the city’s reserves and increase overall spending by more than $2.7 billion from this year’s adopted budget of $82.12 billion, which subsequently grew. “There is a deep...

Source: Wall Street Journal April 26, 2017 18:45 UTC