By a 32 to 17 vote, the City Council approved an $88.1-billion budget which exhausts $4 billion in city funding reserves and cuts spending on the NYPD by close to $1 billion.
The deal, which represents a $7.2-billion reduction from Mayor de Blasio's February spending plan, came after fevered negotiations between the Council and the Mayor that were heavily influenced by pressure from the progressive wing of the Democratic Party and about 500 protesters who camped out at City Hall demanding that the city “defund the police” in the aftermath of a Minneapolis Police Officer's alleged murder of George Floyd.
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