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|image=Bloomberg.jpg
|image=Bloomberg.jpg
|office=Mayor
|office=Mayor
|party=[[Democrat]] (until 2001)<br/>[[Republican]] (2001-2007)<br/>[[Independent]] (2007-Present)
|party=[[Democrat]] (until 2001)<br/>[[Republican]] (2001–2007)<br/>[[Independent]] (2007–2018)<br>Democrat (2018–present)
|spouse=Susan Brown (div.)
|spouse=Susan Brown (div.)
|religion=Jewish
|religion=Jewish
Bloomberg dropped his Republican Party affiliation on June 19, 2007, stating "I believe this brings my affiliation into alignment with how I have led and will continue to lead our city."<ref>{{cite web |url=https://web.archive.org/web/20080107202541/http://www.npr.org/templates/story/story.php?storyId=11203856 |title=Bloomberg Drops GOP, Fuels Talk of Presidential Bid |work=[[NPR]] |date=June 20, 2007 }}</ref> Bloomberg is traditionally known as a fiscal [[conservative]] with social liberal tendencies. He was frequently mentioned as a possible independent candidate for the [[2008 Presidential Election]].
Bloomberg dropped his Republican Party affiliation on June 19, 2007, stating "I believe this brings my affiliation into alignment with how I have led and will continue to lead our city."<ref>{{cite web |url=https://web.archive.org/web/20080107202541/http://www.npr.org/templates/story/story.php?storyId=11203856 |title=Bloomberg Drops GOP, Fuels Talk of Presidential Bid |work=[[NPR]] |date=June 20, 2007 }}</ref> Bloomberg is traditionally known as a fiscal [[conservative]] with social liberal tendencies. He was frequently mentioned as a possible independent candidate for the [[2008 Presidential Election]].
Bloomberg re-registered as a Democrat in 2018.<ref>Wise, Justin (October 10, 2018). [https://thehill.com/homenews/campaign/410697-bloomberg-re-registers-as-democrat Bloomberg re-registers as Democrat]. ''The Hill''. Retrieved October 10, 2018.</ref>
==Education==
==Education==
Bloomberg is a supporter of [[illegal immigration]], saying that [[New York City]] would "collapse" if they didn't have illegally come aliens.<ref>{{cite web |url=http://www.foxnews.com/story/2006/07/05/bloomberg-new-york-city-will-collapse-without-illegal-immigrants.html |title=Bloomberg: New York City Will Collapse Without Illegal Immigrants |work=[[Fox News Channel|Fox News]] |date= July 5, 2006 }}</ref>
Bloomberg is a supporter of [[illegal immigration]], saying that [[New York City]] would "collapse" if they didn't have illegally come aliens.<ref>{{cite web |url=http://www.foxnews.com/story/2006/07/05/bloomberg-new-york-city-will-collapse-without-illegal-immigrants.html |title=Bloomberg: New York City Will Collapse Without Illegal Immigrants |work=[[Fox News Channel|Fox News]] |date= July 5, 2006 }}</ref>
Bloomberg took office as mayor in January 2002, just four months after the September 11th terrorist attacks. Upon taking office, he inherited the largest fiscal crisis in recent New York history. Giuliani spent lavishly during his final year in office, increasing capital spending by 60%. Not anticipating the [[dot-com bubble]] burst and the unforeseen attacks of September 11, Giuliani left office passing on a $4 billion city budget gap, where city law mandates a balanced budget.<ref>{{cite web |url=https://web.archive.org/web/20120303182233/http://www.businessweek.com/magazine/content/02_05/b3768089.htm |title=New York: A Day Late and $4 Billion Short |work=[[Bloomberg|Bloomberg.com]] |date= FEBRUARY 4, 2002 }}</ref> A large portion of New York City's budget are fixed costs. This created a predicament for the fiscally conservative new mayor. Bloomberg made some very unpopular budget cuts in the portions of the budget under his control, even closing many redundant fire-houses, a subject of severe public outcry so soon after September 11. These cuts however, had only marginal effect on the city's budget gap, which was ultimately addressed with the largest property tax increase in the city's history. Later in his second term, Bloomberg lowered property taxes, but not enough to completely remove the increases of his first term. Bloomberg effectively used tax breaks as an incentive to lure companies to the city. When Bloomberg first took office, the city's budget crisis brought threats from Albany that the state may step in and take over the city's finances. By June 2007 S&P (Standard and Poor's) raised New York City's bond rating to AA, the highest bond rating in the city's history.<ref>http://home2.nyc.gov:80/portal/site/nycgov/menuitem.c0935b9a57bb4ef3daf2f1c701c789a0/index.jsp?pageID=mayor_press_release&catID=1194&doc_name=http%3A%2F%2Fhome2.nyc.gov%2Fhtml%2Fom%2Fhtml%2F2007a%2Fpr174-07.html&cc=unused1978&rc=1194&ndi=1</ref>
Bloomberg took office as mayor in January 2002, just four months after the September 11th terrorist attacks. Upon taking office, he inherited the largest fiscal crisis in recent New York history. Giuliani spent lavishly during his final year in office, increasing capital spending by 60%. Not anticipating the [[dot-com bubble]] burst and the unforeseen attacks of September 11, Giuliani left office passing on a $4 billion city budget gap, where city law mandates a balanced budget.<ref>{{cite web |url=https://web.archive.org/web/20120303182233/http://www.businessweek.com/magazine/content/02_05/b3768089.htm |title=New York: A Day Late and $4 Billion Short |work=[[Bloomberg|Bloomberg.com]] |date= FEBRUARY 4, 2002 }}</ref> A large portion of New York City's budget are fixed costs. This created a predicament for the fiscally conservative new mayor. Bloomberg made some very unpopular budget cuts in the portions of the budget under his control, even closing many redundant fire-houses, a subject of severe public outcry so soon after September 11. These cuts, however, had only a marginal effect on the city's budget gap, which was ultimately addressed with the largest property tax increase in the city's history. Later in his second term, Bloomberg lowered property taxes, but not enough to completely remove the increases of his first term. Bloomberg effectively used tax breaks as an incentive to lure companies to the city. When Bloomberg first took office, the city's budget crisis brought threats from Albany that the state may step in and take over the city's finances. By June 2007 S&P (Standard and Poor's) raised New York City's bond rating to AA, the highest bond rating in the city's history.<ref>http://home2.nyc.gov:80/portal/site/nycgov/menuitem.c0935b9a57bb4ef3daf2f1c701c789a0/index.jsp?pageID=mayor_press_release&catID=1194&doc_name=http%3A%2F%2Fhome2.nyc.gov%2Fhtml%2Fom%2Fhtml%2F2007a%2Fpr174-07.html&cc=unused1978&rc=1194&ndi=1</ref>
Bloomberg was criticized by [[libertarian]]s for pushing for New York City's unprecedented ban on trans fats on restaurants.
Bloomberg was criticized by [[libertarian]]s for pushing for New York City's unprecedented ban on trans fats on restaurants.
==References==
==References==
{{reflist|2}}
{{Reflist|colwidth=35em}}
{{DEFAULTSORT:Bloomberg, Michael}}
{{DEFAULTSORT:Bloomberg, Michael}}