Lorr

Amazing how dishonest the Democrats are. Here's reality. First and foremost, the bulk of this deficit was of Mamdani's own making. He blew up the budget by an unprecedented $15 billion dollars in new spending over last year. The largest single-year spending increase ever. So right off the bat our fiscal crisis was exacerbated by Mamdani's insane spending demands. Had he simply kept spending levels approximately where they were -- already a massive $110 billion dollars -- we could've avoided most of this crisis entirely. Next, Mamdani didn't close the deficit through successful leadership or any kind of fiscal discipline. He didn't boost the New York economy and end up with a pile of money from booming businesses or new residents. He got a multibillion dollar bailout from Albany and is raising taxes. That's the big accomplishment Democrats are bragging about here. Higher taxes, and a bailout from upstate. That's success to Democrats. The rest is accounting tricks courtesy of the pliant City Council finance committee, who have been busy 'finding' money by revising revenue estimates upward in order to fill in the gaps. No way that'll bite us in the future! And lets not forget the tens of billions that this city wastes every single year, which are going completely untouched. Nonprofits, welfare for illegals, and political activism. Not just untouchable, but set to get fat increases. That's the real story of the budget. 'Democrats Deliver' indeed.

When we came into office, we uncovered a $12 billion budget deficit. Today, I’m proud to say we brought it down to zero. We didn’t close the gap on the backs of working people. We closed it while funding parks, libraries, safer streets and making historic investments in public housing. Call it Pothole Politics. Call it Democratic Socialism. It's government that delivers for the people who make this city run. That’s what New Yorkers deserve. And that’s what we will keep fighting for every single day.

🚨 When Mayor Mamdani took office, NYC had a $12 billion deficit. It is now $0.