Bloomberg Tells Gates Where to Spend It
It's not enough that New York City Mayor Michael Bloomberg kicked smokers out of restaurants and onto the curb. He wants them to kick the ...
Bloomberg started an anti-tobacco initiative three years ago, hoping his example -- he kicked in $125 million out of his own charitable wallet -- would prompt others to take up the cause. That strategy is now paying dividends, with the Bill and Melinda Gates Foundation now on board.
Bloomberg and Gates just held a news conference where they announced that Bloomberg will put up an additional $250 million, while the Gates Foundation pledges to spend $125 million, including $24 million going directly to Bloomberg's effort.
p.s. The Gates Foundation is spending much more money -- $500 million -- on its new downtown Seattle headquarters. Hey, they're entitled.
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
Dakota Pipeline Protesters Celebrate as Obama Administration Agrees to Explore Other Routes6 hours ago
Oakland Warehouse Fire: As Death Toll Rises, Investigations Begin5 hours ago
Santa Claus Banned From Many Classrooms in Oregon4 hours ago
The Week in Public Finance: A Run on Pensions in Dallas, Connecticut's Warning and a Threat to Muni Bonds2 days ago
N.J. Court Rejects Civil Service Changes for Public Workers2 days ago
Gov. Brown Appoints California's First Latino Attorney General2 days ago