Dossier
fiscal crisis
Coverage of fiscal crisis in the Nexus archive.
- Mamdani’s $126B budget soars nearly 10% from last year, leaving NYC on verge of fiscal crisis
Mamdani’s $126 billion budget increased by approximately 8.5% from last year’s $116 billion plan, with no significant cuts. The budget expansion has left New York City on the verge of a fiscal crisis.
- Mamdani is socializing housing in NYC, costing taxpayers billions
Mamdani is socializing housing in New York City, which the article claims is costing taxpayers billions. The city council criticizes the socialist mayor for not being sufficiently socialist.