‘A Historic Challenge,’ Mayor Mamdani Blames Adams, Cuomo for $12B NYC Budget Crisis
Mamdani blames a $12 billion deficit on Adams' underbudgeting and Cuomo-era revenue cuts while pledging no cuts to social services and urging tax hikes on the wealthy.
9 Articles
9 Articles
Mamdani set to tax the rich until they scream as NYC looks to plug mammoth budget hole · American Wire News
New York City Mayor Zohran Mamdani is calling for a tax hike on the wealthy and corporations as Gotham faces a mammoth budget deficit of more than $12 billion now that he has settled into City Hall. “We are speaking about a fiscal crisis at a scale greater than the Great Recession,” Hizzoner said at a Wednesday press conference. “And so there will not be one single thing that can answer that crisis. It will require us to pursue every single aven…
Mamdani Goes From a Winter Storm to a Fiscal One
D.D. Guttenplan The mayor publicizes a $12 billion hole in New York's budget over the next two years—and draws some political battle lines. The post Mamdani Goes From a Winter Storm to a Fiscal One appeared first on The Nation.
Zohran Mamdani Experiment Already Proving To Be A Disaster
Well, it turns out that giving control of the largest city in the United States to an incompetent socialist with no experience and no accomplishments was a bad idea. Who would have ever guessed it?Mamdani, who officially took over as mayor of New York earlier this month, has now laid out his plan to help further destroy the city's financial future, all because he has no other option to pay for his many absurd campaign promises. In a recent press…
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