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Newly elected council Speaker outlines plan to fund universal childcare, target no-bid contracts and build housing
Summary
In a post-election Q&A, the newly elected council Speaker prioritized finding city budget savings—by cracking down on no-bid contracts and using the Health Care Accountability Office—to help fund universal childcare, and outlined a proactive affordable-housing push using library and DCAS sites.
The newly elected council Speaker (Speaker 1) told reporters the New York City Council will focus on finding savings in the city budget to help pay for universal childcare and other affordability priorities.
"We're gonna crack down on no bid contracts," Speaker 1 said, citing previous no-bid spending totals: "$4,000,000,000 in the Eric Adams administration, $7,000,000,000 during COVID in the de Blasio administration." Speaker 1 said eliminating such contracts and better using the Health Care Accountability Office could free up funds the council could…
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