Mamdani fancies himself a financial whiz — he’s in for a NYC budget surprise come January
Don't be fooled by his boasts: Mayor Mamdani’s supposedly balanced budget rests on a series of one-time tricks that got him through this year — and won’t be available in the next.
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Opinion Mamdani fancies himself a financial whiz — he’s in for a NYC budget surprise come January By John Ketcham Published July 5, 2026, 12:08 p.m. ET Lest anyone be fooled, Big Apple Mayor Zohran Mamdani's supposedly balanced budget rests on a series of one-time tricks that got him through this year -- and won't be available in the next. Getty Images for Empire State Realty Trust See more of our coverage in your search results. Add The New York Post on Google On Tuesday, Mayor Zohran Mamdani and City Council Speaker Julie Menin reached a record $125.8 billion budget deal for fiscal 2027 that began the following day. The mayor boasted: “Socialists not only understand economics just as well as the capitalists who came before, but . . .
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