BROOKLYN - Thousands of livery cab drivers rallied today at City Hall against the proposal to place more yellow taxis in the outer boroughs.

Livery cab drivers claim Mayor Michael Bloomberg's plan will take money away from their businesses.

The state Federation of Taxi Drivers, however, says it supports the five-borough plan.

The plan is expected to generate $1.5 billion in revenue and make it easier for Brooklyn residents to hail a cab.