Word: offtrack
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Dates: during 1950-1959
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This year, with New York City's budget of more than $2 billion in mind, Mayor Robert F. Wagner went to the State capital in Albany with proposals for $157 million in new revenue, including a tax on legalized offtrack betting. The State--as personified by Governor Nelson Rockefeller and the Legislature--turned down this scheme and cut new funds down to $125 million. Wagner was thus forced last week to present what he called an "austerity" budget, still well over $2 billion...