Mamdani Dips Hands In Cookie Jar With Every Trick To Make City Look Not Broke
https://www.profitableratecpm.com/f4ffsdxe?key=39b1ebce72f3758345b2155c98e6709c
New York City Mayor Zohran Mamdani has promised to expand city services: free child care, free buses, city-owned grocery stores. Mamdani could propose higher taxes and a depleted financial reserve.
Mayor ‘puts aside some of the office’s most trusted safety cushions’ warns Policy. Mamdani seems ready to draw $1 billion from reserves normally held for emergencies, an additional $980 million from the city’s Rainy Day Fund and $229 million from the city’s Retiree Health Benefits Fund. A $3.7 billion budget deficit remains, even after all of Mamdani’s maneuvers.
