Mustafa
63.4K posts

Mustafa
@PTIK804
PhD Economics, UNSW Sydney. LFC YNWA


Speaker Julie Menin’s preliminary budget proposal would result in slashing billions of dollars from agency budgets, which would force the City to cut services. Double counting previously identified savings, overestimating revenues, and exaggerating debt service savings does nothing to close a deficit. This $6 billion proposal asks Albany for just one action – class size mandate relief. It refuses to address the deeper structural imbalance between the City and the State, or to increase taxes on the wealthiest New Yorkers and most profitable corporations. It effectively ensures this structural deficit will continue indefinitely. Any proposal that claims we can close this gap without significant new revenue is unrealistic.


🚨لندن کے میئر صادق خان نے صحت کے مسائل کے حل کے لیے جیل میں عمران خان تک رسائی کا مطالبہ کر دیا۔




Disappointed to see the narrative around “cuts” being pushed. In truth, the Council is fighting to maintain and strengthen critical services across the city. Narratives like this are extremely dangerous to that process!


Speaker Julie Menin’s preliminary budget proposal would result in slashing billions of dollars from agency budgets, which would force the City to cut services. Double counting previously identified savings, overestimating revenues, and exaggerating debt service savings does nothing to close a deficit. This $6 billion proposal asks Albany for just one action – class size mandate relief. It refuses to address the deeper structural imbalance between the City and the State, or to increase taxes on the wealthiest New Yorkers and most profitable corporations. It effectively ensures this structural deficit will continue indefinitely. Any proposal that claims we can close this gap without significant new revenue is unrealistic.



You would think that @NYCCouncil finding a way to close a budget “gap” without cutting critical services or punishing working and middle class families with crippling tax hikes would be a good thing. I guess not in Mamdani’s New York





It may be April Fools’ Day, but the Council wasn't kidding when we said NO CUTS to any services or staff. We continue to expect and demand additional revenue from Albany, which our plan makes clear. Despite these untrue accusations, the Council stands ready to negotiate a budget that delivers and maintains critical services for New Yorkers.



New York City Council just released a budget proposal. Here's what New Yorkers should know:

In calling out city budget tricks, including booking about 1/2 a bil in unspent $$ at the end of every year, @JulieMenin today will propose closing the budget gap w/ no tax increases, no reserve raiding and no cuts. It's highly unlikely that can or will happen.


Speaker Julie Menin’s preliminary budget proposal would result in slashing billions of dollars from agency budgets, which would force the City to cut services. Double counting previously identified savings, overestimating revenues, and exaggerating debt service savings does nothing to close a deficit. This $6 billion proposal asks Albany for just one action – class size mandate relief. It refuses to address the deeper structural imbalance between the City and the State, or to increase taxes on the wealthiest New Yorkers and most profitable corporations. It effectively ensures this structural deficit will continue indefinitely. Any proposal that claims we can close this gap without significant new revenue is unrealistic.

New York City Council just released a budget proposal. Here's what New Yorkers should know:


The heads of NYC's Democratic Socialists of America chapter, who back Mamdani's push for tax hikes this year, are out with statements blasting Menin's plan. (Menin's plan isn't actually proposing cuts, tho the efficacy of some of its savings measures can certainly be debated).


