Mamdani’s Counting on Pension Restructuring to Balance the Budget. Will the Unions Let that Happen?

Mamdani’s counting on pension restructuring to balance the budget. Will the unions let that happen?

Mayor Zohran Mamdani wants to delay certain payments to the city’s pension funds to help close the city’s multibillion dollar funding deficit. The only problem is that he needs municipal labor unions’ approval to change up their retirement accounts, and some unions are mum about the plan while others outright oppose it. While it’s still early, the unions’ apprehension to immediately get on board speaks to the plan’s politically sensitive nature.…

Zohran Mamdani’s Budget Boondoggle Could Sink New York City

This week, U.S. Senator Bernie Sanders, America’s perennial socialism-salesman, lauded New York City’s Zohran Mamdani, saying the new mayor had “inherited a huge budget deficit” and “brought it down to zero,” while still boosting spending. Sanders and others have been quick to cheer Mamdani’s plan to balance the $125 billion city budget, which still must be approved by the City Council. But these boosters, quite conveniently, avoid getting into …

Mamdani's Unbelievably Dishonest Budget

Mayor Mamdani spiked the ball Tuesday, as the Big Apple's budget crunch seemed to go away as it quickly as it had appeared.

Mamdani Cuts NYC Budget Deficit to Zero

(New York, New York) – Mayor Zohran Mamdani is claiming a major fiscal turnaround, announcing that New York City has eliminated what had been described as a $12 billion budget deficit. The announcement gives Mamdani a major talking point as he tries to prove his administration can manage the city’s finances while still advancing a progressive agenda. The political fight now shifts to how the deficit was closed. Supporters will frame the announce…

Democratic Socialism Works! Leftists Go Nutty for Mamdani After He 'Balances' the NYC Budget

NYC Mayor Mamdani 'balances' budget with socialism, sparking leftist praise amid financial concerns.

NY's Mamdani may have plugged $12bn deficit, but it's not a long-term fix

When the New York Democrat mayor Zohran Mamdani released his budget for the 2027 financial year, it was  heralded as zeroing the massive $12 billion budget deficit he inherited from his predecessor, Eric Adams. In turn, it also strikes a symbolic blow against critics of Zohran’s fiscal politics, which struck a notably more socialist tone than those of Independent competitor, Andrew Cuomo. In a statement, Mamdani’s office announced: Through stron…