Mayor Michael Bloomberg unveiled his final budget Tuesday at City Hall.
2,500 teaching jobs are on the line, Mayor Michael Bloomberg warned.
Schools Chancellor Dennis Walcott said he wants a deal with the UFT by December 21.
City agencies are being asked to slash millions from their budgets yet again.
Mayor Michael Bloomberg's 2013 Executive Budget will cut 200 after-school programs.
The city will use nearly $500 million in settlement cash to help pay for services.
Mayor Michael Bloomberg will present his budget plan for the coming fiscal year Thursday.
Mayor Michael Bloomberg criticized President Barack Obama Monday evening as the supercommittee convened to curb the nation's debt officially admitted failure.
Councilman Ydanis Rodriguez was released without bail Tuesday evening following his Occupy Wall Street-releated arrest on Nov. 15, 2011.
A man in his 40s was found beaten and slashed at a building on Payson Avenue and Dyckman Street early Friday morning, police said.
The Mayor's Budget Office has informed all city agencies that they must slash another 2 percent from their budgets this year and 6 percent in 2013.
Hundreds of Parks Department workers avoided layoffs this week, opting instead for a voluntary attrition program that would have them work 6 months out of the year.
Councilman Robert Jackson will discuss the impact of the 2012 budget on Washington Heights and Inwood.
After a a 15-hour delay, the Council voted 49-1 in favor of the plan, which saves teachers' jobs, but eliminates others.
The City Council will now vote on the austere 2012 budget and its deep cuts Wednesday morning.
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