NYC foresees $7.4B tax loss due to virus, seeks federal help
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April 16, 2020 8:27 AM
NEW YORK (AP) — New York City expects to take a $7.4 billion budget hit over the next 15 months because of the coronavirus, Mayor Bill de Blasio said Thursday as he detailed planned cuts and appealed to President Donald Trump and Congress for an infusion of cash for cities and states.
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