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Yesterday — 17 January 2026Main stream

A $12.6 Billion Budget Gap May Complicate Mamdani’s Affordability Plans

The New York City comptroller, Mark Levine, said that poor budgeting practices by the previous mayor, Eric Adams, had left the city with looming deficits.

© Jeenah Moon/Reuters

Mark Levine, who took office as New York City comptroller in January, warned that absent significant financial growth, city programs would need to be scaled back.
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