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‘Crisis of historic magnitude': Mamdani says State should help with multi-billion budget gap
NBC New York ^ | April 28, 2026

Posted on 05/02/2026 6:23:04 AM PDT by MinorityRepublican

New York City Mayor Zohran Mamdani and Council Speaker Julie Menin are urging the State to approve a budget that will help fund the multi-billion budget gap that the city is facing -- while supporting the State in extending its final budget deadline to June.

Mamdani and Menin appeared Tuesday in the City Hall rotunda to announce a new agreement to lobby for a $1 billion tax rollback and more State aid.

"New York City faces a budget crisis of historic magnitude," Mamdani said Tuesday during a joint press conference. "We've inherited a deficit larger than any since the Great Recession. Years of mismanagement and chronic under budgeting, alongside a structural imbalance between what New York City sends to the State and what we receive in return, have taken a toll. We cannot close this deficit with savings alone. We need new revenue. And we need a structural reset in our relationship with the State. That is the only way to meet our legal obligation to pass a balanced budget and to do so without imposing a financial burden into the backs of working people."

(Excerpt) Read more at nbcnewyork.com ...


TOPICS: US: New York
KEYWORDS: ccp; china; kathyhochul; newyork; newyorkcity; zohranmamdani

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1 posted on 05/02/2026 6:23:04 AM PDT by MinorityRepublican
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To: MinorityRepublican

CUT SPENDING !!!!!!!!!


2 posted on 05/02/2026 6:23:58 AM PDT by butlerweave (Fateh)
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To: MinorityRepublican

Enjoy the suck.


3 posted on 05/02/2026 6:25:06 AM PDT by Carry_Okie (The tree of liberty needs a rope.)
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To: MinorityRepublican

This idiot should be in Gaza fighting off rats and weasels


4 posted on 05/02/2026 6:27:50 AM PDT by albie
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To: MinorityRepublican

Your son is living well beyond his means. He demands that Dad give him money so he can continue to live beyond his means. Meanwhile, your son has pissed off the sources of his current income, meaning the Dad-loans will only get larger.

A friend’s son, then in his late early twenties and living at home, but later wildly successful told me, “The best thing that ever happened to me was Dad cutting me off and kicking me out.”


5 posted on 05/02/2026 6:28:58 AM PDT by Gen.Blather (Oh, gosh! I said that out loud. I'm so sorry.)
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To: MinorityRepublican
Well the Democrats chased out a lot of businesses, while breaking the law by aiding and abetting illegal alien invaders.

Get the invaders to balance the budget before deporting them.

6 posted on 05/02/2026 6:29:30 AM PDT by T.B. Yoits
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To: butlerweave

We’ve inherited a deficit larger than any since the Great Recession“
Bald faced liar. He wants to steal more for lazy liberals who want to post selfies all day and complain their food stamps don’t pay for candy


7 posted on 05/02/2026 6:31:18 AM PDT by brookwood (First the left said it was OK to steal. Next they said it was OK to )
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To: MinorityRepublican

Mamdani has that lethal combination of arrogance and ignorance that results in him thinking that he is the first to come up with this line of “I just came into office and found a massive government deficit crisis and need a bailout.” Its amusing to watch from afar (since I don’t live in the city and don’t have to suffer through his BS).


8 posted on 05/02/2026 6:31:38 AM PDT by Opinionated Blowhard (When the people find that they can vote themselves money, that will herald the end of the republic.)
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To: butlerweave

BINGO! When you and I can’t afford something, we don’t buy it. NYC should try that approach. I’ll bet if they look REAL hard, they can find enough stupid spending to balance the budget.


9 posted on 05/02/2026 6:32:06 AM PDT by econjack
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To: MinorityRepublican

Madmandani is a historical Trainwreck of a Mayor. Sucks to be him, his name will go down in infamy and in the end be changed to Mudmandamnhim.


10 posted on 05/02/2026 6:32:35 AM PDT by Gasshog (s'lfkgjsl)
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To: MinorityRepublican
We've inherited a deficit larger than any since the Great Recession.

This should be easy to debunk.

11 posted on 05/02/2026 6:33:01 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all. )
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To: MinorityRepublican

EMBRACE THE SUCK, SUCKERS!


12 posted on 05/02/2026 6:33:12 AM PDT by Ann Archy (Abortion.....the HUMAN Sacrifice to the god of Convenience.)
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To: butlerweave

Tax the Socialists.


13 posted on 05/02/2026 6:33:24 AM PDT by Kudsman (Thune loves Democratic Socialists. )
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To: MinorityRepublican

Years of mismanagement? Who’s been running new York lo these many years?


14 posted on 05/02/2026 6:34:17 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all. )
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To: MinorityRepublican

First this commie mayor will cloward Priven bankrupt and collapse new York city, and is now telegraphing his intention to cloward Priven collapse new York state, then he hopes to bring cloward Priven bankruptcy and collapse to all the other states and the country as a whole.

It’s their reverse domino war by other means plan .


15 posted on 05/02/2026 6:34:26 AM PDT by cuz1961
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To: Opinionated Blowhard

“ ” Its amusing to watch from afar (since I don’t live in the city and don’t have to suffer through his BS).”

True.
But they will try to find a way to federalize their problems and get us to pay for their foolishness.


16 posted on 05/02/2026 6:35:06 AM PDT by HereInTheHeartland (“I don't really care, Margaret.””)
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To: MinorityRepublican

What is “the Great Recession”?


17 posted on 05/02/2026 6:35:11 AM PDT by BenLurkin (The above is not a statement of fact. It is opinion or satire. Or both.)
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To: butlerweave

You know he isn’t going to do that. His whole reason for getting elected was lots of free stuff.

He wrote a big check his arse couldn’t cash.

Nincompoops who voted for him aren’t getting anything because the people he wants to do the paying are in the process of rebelling. Some for political reasons, some for financial reasons, and some for both.


18 posted on 05/02/2026 6:36:04 AM PDT by dforest
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To: Texas Eagle

bttt


19 posted on 05/02/2026 6:37:13 AM PDT by BenLurkin (The above is not a statement of fact. It is opinion or satire. Or both.)
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To: econjack

Mamdani doesn’t care about budgets, he just has to deliver some free stuff or get booted in short order.


20 posted on 05/02/2026 6:38:37 AM PDT by dforest
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