New York City budget crisisTaxation policyPolitical conflict
Jan 31, 2026Democrat Governor REJECTS Zohran Mamdani BEGGING For MORE TAX MONEY To Fix Socialist Budget Crisis!
New York City's new mayor faces a $12 billion budget deficit, proposing tax hikes on the wealthy and corporations, only to be rejected by Governor Hochul who fears business exodus, leading to a political power struggle and accusations of hypocrisy.
