A $12.6 Billion Budget Gap May Complicate Mamdani’s ...
11 hours ago · The gap amounts to $12.6 billion in this fiscal year and next, which will present a major challenge for Mr. Mamdani.
Mamdani will have to fill $6.5B budget gap by next summer ...
Dec 17, 2025 · Mayor-elect Zohran Mamdani will have to fill a massive $6.5 billion budget gap by next summer, according to a blistering new report from the Independent Budget Office.
Mamdani’s Promises Are on a Collision Course With ... - MSN
Federal cuts to health care and food stamps will fall hardest on New York City, where Mamdani faces a $5 billion hole in next year’s budget.
Mamdani’s Next Battle: Attacking Inequality While Balancing ...
Nov 5, 2025 · In addition the city projects saving about $1 billion from a new health care plan for employees and often finds ways to lower its interest expenses by refinancing debt, maneuvers likely …
Here's How Mamdani’s Proposed NYC Millionaire Tax ... - Forbes
Nov 7, 2025 · Will It Work? Mamdani says the plan will work, pointing to millionaire taxes in states like Massachusetts.
Breaking Down Zohran Mamdani's Proposals and How Much They ...
Nov 5, 2025 · Here is a look at Mamdani's key plans for NYC as its 111th mayor, along with their estimated costs. Expanding free childcare to babies and to toddlers under the age of three is …
New York City's $12.6 billion budget gap threatens Mayor ...
11 hours ago · New York City faces a $12.6 billion budget gap, threatening Mayor Mamdani's ambitious affordability plans. Comptroller Mark Levine cited poor budgeting by the previous administration for …