Mamdani Announces Balanced Budget Without Cuts - The American Prospect
prospect.org
Buoyed by billions in assistance from the state, real talk about what it takes to run New York City, and some taxes on the rich, the mayor closed a historic leftover budget deficit.
  • Asafum
    212·
    1 month ago

    Buoyed by billions in assistance from the state.

    Isn’t that kind of the key part here? There were a lot of reductions for sure, I’m not knocking any work they did, but it sounds like a major chunk of this was just the state giving them money.

    Countdown to Fox News screaming about greater NY farmers paying for “lazy socialist unemployment single mothers” you can bet on it. :/

    • magiccupcake
      15·
      1 month ago

      Before, New York City was highly subsidizing the rest of the state, paying proportionally more and receiving less. So this is balancing more the way it should be.

      • Asafum
        5·
        1 month ago

        That would make sense, glad to see it happening!