THEFEDERALIST (Mark Hemingway) - Mamdani Is Telling A Brazen Lie About ‘Capitalist Mismanagement’ Of New York
It's pretty clear that all of New York's big fiscal problems can be traced back to socialism.
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It's pretty clear that all of New York's big fiscal problems can be traced back to socialism.
The dispute between Mayor Zohran Mamdani and his occasional rival, City Council Speaker Julie Menin, has held up passage of New York City’s $125 billion budget.
With New York City facing a multibillion-dollar deficit, Mayor Zohran Mamdani is exploring ways to delay the city’s payments to municipal pension funds.
Threatening to increase property taxes
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Mayor Zohran Mamdani said the only way to close a more than $12 billion budget gap was to raise taxes on the wealthy and corporations.