The Citizens Budget Commission, an unofficial group, found a $1.1 billion hole.
"I think it's time for a no-man Citizens Budget Commission," he said.
On the eve of his retirement in 1955, the Citizens Budget Commission gave him a special award for "high public service."
"These are the ideas and notions that the Citizens Budget Commission has really been emphasizing in recent years."
The Citizens Budget Commission recommends paying more to people who teach in areas and subjects where there are shortages.
Raises of just 2.5 percent would cost the city $800 million, according to an analysis by the Citizens Budget Commission, a business-backed fiscal research group.
A new report by the Citizens Budget Commission said the average cost of a city worker will top $82,000 next year, counting salary and benefits.
The labor contracts alone were 44 percent of the $5 billion deficit for the year 2000, according to an analysis by the Citizens Budget Commission.
A recently released report by the Citizens Budget Commission provides some compelling arguments for doing away with the standard school schedule.
"But thank goodness the Citizens Budget Commission isn't running the budget."