NY Dems Pushing to Raise Corporate Tax Rate to Bail Out Mamdani’s Massive Deficit: ‘There’s a Huge Appetite’

Mamdani's Budget Mess Creates Bond Mkt. Chaos

Charles Gasparino, New York Post New York City's bonds have suddenly become a hot topic on Wall Street — and you can thank socialist Mayor Zohran Mamdani for this certifiably ­bizarre...

NY Dems pushing to raise corporate tax rate to bail out Mamdani’s massive deficit: ‘There’s a huge appetite’

New York State Democratic lawmakers are pushing to raise the corporate tax rate to help bail out Mayor Zohran Mamdani in closing a projected $5.4 billion deficit in the city budget, sources told The Post.

Union workers, Council members urge Mamdani to fully fund city’s labor watchdog agency as budget deficit fears grow

Dozens of union workers rallied at City Hall on Monday to demand that the city’s Department of Consumer and Worker Protection (DCWP) receive full budgetary funding, following Mayor Zohran Mamdani’s proposed cuts to the agency’s coffers in his preliminary spending plan. City Council Member Harvey Epstein (D-Manhattan), who chairs the Committee on Consumer and Worker Protection and organized the event, underscored the agency’s role as a watchdog a…