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Mamdani 'Balanced' New York City's Budget—With a Bailout From Albany

The mayor eliminated a $12 billion deficit with an infusion of cash from the state government, as well as by putting off some of today's obligations for tomorrow.

First seen · 7:40 PM UTCMay 14, 2026

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Mamdani 'Balanced' New York City's Budget—With a Bailout From AlbanyThe mayor eliminated a $12 billion deficit with an infusion of cash from the state government, as well as by putting off some of today's obligations for tomorrow.
7:40 PM UTC

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