The truth is that Governor Hochul caved to Mamdani's threats and demands, and handed the mayor billions of dollars of state tax revenues to bail out the city of New York.When we came into office, we uncovered a $12 billion budget deficit.
— Mayor Zohran Kwame Mamdani (@NYCMayor) May 12, 2026
Today, I’m proud to say we brought it down to zero.
We didn’t close the gap on the backs of working people.
We closed it while funding parks, libraries, safer streets and making historic investments in public… pic.twitter.com/TbNu6fhvjs
May 13, 2026
Mamdani's Fuzzy Math Closes Deficit
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