Mamdani ripped for claiming victory over capitalism after NYC's multi-billion dollar taxpayer funded bailout
Mayor Zohran Mamdani claims he balanced New York City's budget by taxing the rich, but critics point to a multi-billion dollar Albany bailout.
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Zohran Mamdani Mamdani ripped for claiming victory over capitalism after NYC's multi-billion dollar taxpayer funded bailout New York City received billions from working class taxpayers across the state before Mamdani's pronouncement By Peter D'Abrosca Fox News Published July 1, 2026 11:26am EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video Mamdani says NYC remains 'firmly within a budget crisis,' warns of 'painful decisions of last resort' if Albany doesn't cooperate New York City Mayor Zohran Mamdani said that his city was "firmly within a budget crisis," and faced difficult choices to reach a balanced budget.
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