Hon. Tamika Mapp
11.1K posts
@FriendsofTamika
🏳️🌈🏳️⚧️District Leader Part D 68th AD/State Assembly Candidate| Fighter for Change #inthe68 #forourtomorrow
74 NYCHA execs boast $200K-plus salaries - as NYC tenants go without heat, hot water, basic repairs trib.al/UlwBbNT
Mayor Zohran Mamdani recently got the political equivalent of what baseball players call a brushback pitch — a fastball deliberately thrown dangerously close to a batter’s head in order to intimidate the player, who must flinch or duck to avoid a devastating injury. The mayor is getting municipal chin music from the major bond-rating agencies: Moody’s formally changed its outlook on the city’s finances from “stable” to “negative,” and S&P Global Ratings opined that Mamdani’s budget plan will “make it difficult to sustain budgetary balance beyond fiscal years 2026 and 2027.” The negative outlook from the agencies is a warning, writes columnist Errol Louis. The next step could be a downgrade of the city’s bond rating, which would raise the cost of borrowing money for routine city operations. Mamdani maintains that the decision to revise the outlook is premature, pointing out that the city’s overall credit rating remains strong and has not been downgraded. But the message from Wall Street seemed crystal clear: Unless Mamdani adopts a more fiscally conservative approach, we will punish City Hall in the markets. Read Louis’s full column: nymag.visitlink.me/H057m5
The Assembly budget proposal delivers real relief for New Yorkers struggling to make ends meet. From middle-class tax cuts to energy rebate checks, we’re helping put more money back in the pockets of everyday New Yorkers.
