New York Survived Its 1975 Crisis. Will Trump Push It Back to the Brink? NYT | Top Stories By: Tim Balk 30 October 2025 at 20:15 The Daily News headline “Ford to City: Drop Dead” stunned the city at a time of budgetary peril. New York’s finances are far stronger today, but antagonism from Washington poses a fresh risk. © Allan Tannenbaum/Getty ImagesIn 1975, New Yorkers rallied to save New York City from bankruptcy, displaying a famous front page from The Daily News that October.
Login
