A $12.6 Billion Budget Gap May Complicate Mamdani’s Affordability Plans
Jan 16, 2026
The New York City comptroller, Mark Levine, said that poor budgeting practices by the previous mayor, Eric Adams, had left the city with looming deficits.
https://www.nytimes.com/2026/01/16/nyregion/budget-deficit-nyc.html
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