On the Price of Borough Presidents, Bloomberg is Not Outraged

The crumbling economy isn’t prompting Michael Bloomberg to react with outrage to news stories about extravagant spending by the city’s borough presidents.

After more criticism of the office of borough president in the Daily News yesterday, Michael Blooomberg said at a press conference that “their budgets are relatively small compared to the city budget. Do we get good value for it? I’ll leave that to the public to decide but generally I would argue that you probably do. They are valuable.”

On the Price of Borough Presidents, Bloomberg is Not Outraged