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Mamdani and NYC survive the mayor’s first budget

6 0
03.07.2026

The first budget for Mayor Mamdani and City Council Speaker Julie Menin, at loggerheads until the final hours over the skyrocketing costs of the CityFHEPS housing voucher program, smartly changed the vouchers from an entitlement with sharply rising monthly costs to a regularly budgeted appropriation. That should have been done years ago.

That wasn’t the only good outcome of the process, which started on the sour note of the rookie mayor’s histrionics over a phantom zillion dollar deficit caused by Eric Adams and Andrew Cuomo (who left office a half decade ago) and personal attacks on Menin.

Mamdani, overly eager to win his twin campaign pledges of increasing the personal income tax on the top earners and a higher corporate tax rate, tried pressuring Gov. Hochul to raise taxes in........

© NY Daily News