Mamdani’s utters a laughable call for ‘fiscal responsibility’
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Mamdani’s utters a laughable call for ‘fiscal responsibility’
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Feel free to chuckle at the irony of Mayor Zohran Mamdani joining city Comptroller Mark Levine in calling for a City Charter amendment to ensure adequate Rainy Day Fund cash for the next emergency.
This is John Dillinger calling for better bank insurance.
Mamdani just sought to raid more than $3.25 billion from the city’s main reserves, after all.
And the city should have a much heftier Rainy Day Fund; it’s now just $2 billion, far short of the $15 billion the Citizens Budget Commission deems prudent, given Gotham’s $125 billion spending plan.
But the larger threat to the city’s long-term fiscal health is Mamdani’s drive to fund his socialist dreams.
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