New York City Wage Freeze Deadline Sparks Budget Crisis
NYC labor leaders, bankers, and officials clash over a wage freeze as city budget talks strain toward potential bankruptcy. Union leaders warn of strikes if no agreement. MAC explores loan options while service fares rise and cuts threaten hospitals, schools, and city programs.
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AFL-CIO Leaders Blast Ford Economic Ideas
AFL-CIO leaders urged against Ford administration plans at a Chicago news conference during the summer AFL-CIO meeting. They warned that consumer costs and higher taxes would raise food prices and hinder recovery, calling for increased federal stimulus and public works to spur jobs and a broader recovery effort.
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