Bloomberg characterizes himself as a fiscal conservative for turning the city 's $6 - billion deficit into a $3 - billion surplus ; however , conservative PAC Club for Growth has criticized him .
He increased property taxes and spending while doing so .
Bloomberg characterizes himself as a fiscal conservative for turning the city 's $6 - billion deficit into a $3 - billion surplus ; however , conservative PAC Club for Growth has criticized him because he increased property taxes and spending while doing so .