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Why experts say Mayor Mamdani has more than one way to close NYC’s big budget deficit without raising taxes

date Feb 26, 2026

mayor Zohran Mamdani proposed a preliminary budget with a $5.4 billion two-year gap. but business groups argue there are plenty of other ways to reduce or even eliminate the deficit. he described a reluctant "path of property taxes and raiding our reserves"

Source: amny.com

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