Mamdani Cautions That Property Taxes May Rise, Reveals $127B Budget
NYC Mayor Announces Budget Plan and Potential Tax Increases New York City Mayor Zoran Mamdani has revealed a preliminary budget of $127 billion for the fiscal year 2027, indicating that property taxes might rise. During a press conference on Tuesday, Mayor Mamdani emphasized that, as mayor, he is legally required to balance the budget. He […]
US estimated to have borrowed $127B in January: CBO
Congressional Budget Office (CBO) Estimated in the report On Monday, the federal government won a $127 billion deficit last month. The CBO estimated the federal government's fiscal deficit reached $838 billion in the last four months. This is $360 billion more than the same time frame a year ago, as it rose 15%. The agency […]