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That was fast. Last Thursday, Mayor Bill de Blasio ­informed the United Federation of Teachers that the city couldn’t afford a $900 million bonus for union members. It took 24 hours for the union to knock this threat down — and wring a better deal from out-of-work taxpayers.

The state must step in.

How did New York City end up on the hook for a near-billion-dollar payment during the worst fiscal crisis ever?

You can thank de Blasio. In Mayor Mike Bloomberg’s final term, the global economy melted down — and Bloomberg told teachers that if they wanted raises, they would have to pay for them through work-rule or benefits changes.

(Excerpt) Read more at:

https://nypost.com/2020/10/11/de-blasios-fiscal-savings-a-loss-to-taxpayers-a-gift-to-teachers-union/

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