New York Post, By SALLY GOLDENBERG, November 12, 2008
A showdown between Mayor Bloomberg and the City Council is brewing, with the mayor planning to rescind the $400 homeowner property tax rebate without the council's approval - setting the stage for a battle in the courts.
Council members insist the mayor needs their approval to yank the popular rebates.
Where is the Economic Leadership?
Council Speaker Christine Quinn called her flip-flop (her decision to extend term limits) "a change in my position" and defended it as the best course for the city in the face of the nation's financial implosion.
"Given the level of economic tumult that exists not just in New York but in the world, I have decided to change my position because I believe the opportunity, the potential of consistent leadership by this Council and this mayor would be in the best interest of the city," she said.