Spitzer Agrees To Work For $1 A Year If Elected

NEW YORK (CBSNewYork) – Manhattan Borough President Scott Stringer tried to convince voters that he is the most credible choice for city comptroller, while former Gov. Eliot Spitzer touted his resume in the capital markets during a Democratic debate that grew tense at times Thursday night. One of the biggest revelations to come out of the debate, held at the CBS Broadcast Center in Manhattan, was Spitzer’s promise to work for $1 a year, just as Mayor Michael Bloomberg has done since taking office in 2002. Spitzer agreed to the minimal salary after being asked by debate moderate Marcia Kramer of CBS 2, who cited his individual wealth.

Stringer said he has two young children and needs the salary. John Liu, the current comptroller, earns $185,000 a year.

Stringer wasted no time attacking Spitzer for resigning as governor in 2008 amid a prostitution scandal.

Spitzer, however, said he has the background needed to run the city’s finances.