New York Mayor Mamdani says city must hike taxes on rich to fill $12 billion deficit

Mayor Zohran Mamdani attributed the budget crisis to "gross fiscal mismanagement," pointing to former Mayor Eric Adams and ex-Gov. Andrew Cuomo.

Jan 28, 2026 3

New York Mayor Mamdani says city must hike taxes on rich to fill $12 billion deficit
Mayor Zohran Mamdani attributed the budget crisis to "gross fiscal mismanagement," pointing to former Mayor Eric Adams and ex-Gov. Andrew Cuomo.
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