NYC faces $12B budget deficit, drawing comparison to 2008 financial crisis – as Zohran Mamdani uses dire forecast to push taxing the rich
Friday, January 16th 2026, 11:53:11 pm
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New York City is facing a mammoth $12 billion combined budget deficit, new City Comptroller Mark Levine warned Friday -- grimly comparing the outlook to the 2008 financial crisis.
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