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Bloomberg Backs Repeal Of Law He Championed

NEW YORK (CBS 2) -- A mayor supporting the repeal of a law that he's responsible for sounds unusual, yet that was Mayor Michael Bloomberg's position on term limits.

Two years ago, the mayor pushed the City Council to extend the limit to three terms so he could run for re-election. At the time, the mayor said the City needed him to get through the financial crisis.

Now he's behind a measure to make it two terms again.

City voters will decide in a ballot measure in one week.

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