menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Mamdani fancies himself a financial whiz — he’s in for a NYC budget surprise come January

13 0
05.07.2026

US News Metro Long Island Politics

Sports NFL MLB Olympics NBA NHL College Football College Basketball WNBA

Entertainment TV Movies Music Celebrities Awards Theater

Lifestyle Weird But True Sex & Relationships Viral Trends Human Interest Parenting Fashion & Beauty Food & Drink Travel

Health Wellness Fitness Health Care Medicine Men’s Health Women’s Health Mental Health Nutrition

Science Space Environment Wildlife Archaeology

Today’s Paper Covers Columnists Horoscopes Crosswords & Games Sports Odds Podcasts Careers

Email Newsletters Official Store Home Delivery Tips

Switch between CA and NY editions here.

Mamdani fancies himself a financial whiz — he’s in for a NYC budget surprise come January

See more of our coverage in your search results.

On Tuesday, Mayor Zohran Mamdani and City Council Speaker Julie Menin reached a record $125.8 billion budget deal for fiscal 2027 that began the following day.

The mayor boasted: “Socialists not only understand economics just as well as the capitalists who came before, but . . . we can solve their years of mismanagement through an embrace of our principles.”

Spare us the propaganda, Mr. Mayor. The city budget isn’t in great shape.

Lest anyone be fooled, Mamdani’s supposedly balanced budget rests on a series of one-time tricks that got him through this year — and won’t be available in the next.

Remember back in January when he claimed he’d inherited a $12 billion deficit?

A prudent budgeter would have identified the lowest-value uses of money and trimmed accordingly.

Fired NYC Council unpaid intern who demanded $32-an-hour ‘livable wage’ is just another silver-spoon socialist

Mamdani’s wife Rama Duwaji ditches America 250 bash for Islamic ‘spiritual wellness’ retreat in Spain

Cea Weaver’s woke tenant group pushes to use $2.2B in taxpayer dough to take rent-stabilized units from landlords

Despite robust tax receipts, he labeled his inability to grow government even more of a “fiscal emergency.”

He started demanding higher taxes on corporations and high earners from the state — which, thanks to Gov. Kathy Hochul’s caution, he didn’t get.

Now he claims he balanced the budget with the help of........

© New York Post