Bloomberg Wins Third Term
With just 17 percent of the precincts in and a close count so far, The New York Times is nonetheless calling the New York City mayor'...
With just 17 percent of the precincts in and a close count so far, The New York Times is nonetheless calling the New York City mayor's race for incumbent Michael Bloomberg, running this time as a Republican and Independent.
Bloomberg is up, 49 to 48 percent, over comptroller William Thompson. Bloomberg is estimated at having spent $100 million of his own money on this race. His three race total is about $350 million, making him the largest-spending self-financing candidate in U.S. history.
Somewhat rudely, given the circumstances, Bloomberg criticized Thompson at a recent debate for having accepted $500,000 in campaign contributions from people who do business with the city. "Give the money back," Bloomberg says. "It just looks terrible, even if it's not."
Bloomberg -- and the city -- face a $5 billion budget deficit.
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