A report released by New York City Comptroller Elizabeth Holtzman says President Bill Clinton's deficit reduction package could add $5 billion to the city's economy over the next five years.

"By stimulating growth in the national economy, over the next five years the pluses of the deficit reduction program for New York City in the program outweigh the minuses." Holtzman said in a statement. "This is not to minimize the sacrifices of some New Yorkers, such as restaurant owners and some social security recipients."

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