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What was the budget deficit reduction during Cory Booker's first term as mayor?
From $180 million to $73 million
From $200 million to $100 million
From $150 million to $50 million
From $100 million to $20 million
Answer
During Cory Booker's first term as mayor, the budget deficit was reduced from $180 million to $73 million. This significant reduction was achieved through a combination of cost-cutting measures, increased revenue, and improved financial management. Booker's efforts to address the city's fiscal challenges helped to stabilize Newark's finances and lay the foundation for future economic growth.
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