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NYC COMPTROLLER JOHN C. LIU ON CITYTIME
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Comptroller John C. Liu issued the following statement today:
“My office’s review of the CityTime project, which defrauded taxpayers of millions of dollars, has not interfered with the ongoing criminal investigation, nor have we been informed that it has. We applaud the U.S. Attorney for charging seven people and recovering $28 million to date. We are committed to working cooperatively with all law enforcement agencies.”
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COMPTROLLER LIU STATEMENT ON EDC LIVING WAGE STUDY
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City Comptroller John C. Liu stated the following in response to questions about a recently completed study commissioned by the NYCEDC, “The Economic Impacts on New York City of Proposed Living Wage Mandate.”
“The EDC’s claim that a living wage kills jobs shows just how distorted the agency’s operations have become. The proposed living wage would be a requirement on new projects that are heavily subsidized by taxpayers. It may curtail the number of new minimum wage jobs, with the hope that these new jobs would then pay a decent wage. The claim of job losses is rhetoric at its worst.
