Howard Cure Quoted on New York City Debt by Bloomberg

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The Evercore Wealth Management Director of Municipal Bond Research, Howard Cure, was quoted by Bloomberg Politics on Mayor Bill de Blasio’s proposed record $78 billion budget.


“He’s spending but not overspending,” Cure told Bloomberg. “It’s always nice to govern with money. The real test will be how he does if there’s a downturn.”
 
The mayor has additionally proposed a record $84 billion spending program over the next decade for infrastructure.
 
To read the article, New York City’s Shrinking Bond Costs Belie de Blasio’s Free-Spending Image, click here.

 

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