Mamdani Administration Unveils $200M Budget Cuts
New York City News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
New York Citys Mamdani administration unveils $200 million in spending cuts to tackle a $5.4 billion deficit. The cuts, part of a potential $1.7 billion savings, include removing ineligible dependents from public employee health plans. Mayor Mamdani and budget chief Soliman assure the cuts are achievable, while Council Speaker Menin opposes tax hikes and reserve dipping. More cuts are expected as the process continues.
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