Mamdani Faults Adams for $12 Billion Budget Gap, Renews Call for Tax Hikes
Mayor Zohran Mamdani on Jan. 28, 2026, told reporters at City Hall that New York City faces a severe fiscal shortfall — a $12 billion gap across two years — and pinned much of the responsibility on his predecessor, former Mayor Eric Adams. Mamdani repeated his demand that the state legislature and Gov. Kathy Hochul … Read more