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