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re: Mamdani inherited a $12 Billion budget deficit and already has it to zero.

Posted on 5/14/26 at 6:21 am to
Posted by cajunangelle
Member since Oct 2012
167314 posts
Posted on 5/14/26 at 6:21 am to
quote:

1) The deficit isn't closed, it's projected. We won't know the real damage until 2028.

2) He closed it with a $4 billion bailout from NY State. Every taxpayer in New York State is paying for his policies, including people who don't live in NYC.

3) The pied-à-terre tax will likely cost more in lost tax revenue than it will ever collect. That loss doesn't appear anywhere in this budget.

4) His own budget assumes the pied-à-terre tax brings in $500 million. His own comptroller says it's $340-380 million. He's already lying in his own math.

5) The pension payment delay doesn't eliminate debt. It defers it and increases the total cost to taxpayers. He made the 2028 deficit bigger to make the 2027 numbers look clean.
Posted by AUJACK
Member since Sep 2020
1380 posts
Posted on 5/14/26 at 6:27 am to
The reason the $12 billion you are posting about is the money that was shifted (stolen) from the New York State budget that was given (stolen) by the governor of New York to the city of New York.

As of May 2026, Governor Hochul and the state legislature have committed nearly $8 billion in new state aid over two years to help New York City bridge its budget gaps, including a newly announced $4 billion in May 2026. This funding is designed to stabilize the city's financial position, following earlier commitments.
This post was edited on 5/14/26 at 6:37 am
Posted by cajunangelle
Member since Oct 2012
167314 posts
Posted on 5/14/26 at 6:30 am to
Calm down. We had a thread that the straight was closed.

Grammar and spell checks suck.
Posted by TBoy
Kalamazoo
Member since Dec 2007
28570 posts
Posted on 5/14/26 at 6:31 am to
quote:

Dangle free shite in front of Democrats and they will vote faithfully.

Manage the office competently and everyone should vote faithfully.
This post was edited on 5/14/26 at 6:33 am
Posted by LLeD
Member since Apr 2026
252 posts
Posted on 5/14/26 at 6:32 am to
quote:

Absolutely proving the point hat socialism is great as long as you have other people's money to spend.

Margaret Thatcher about commies:

"The eternal problem of the communists: they've run out of other people's money to live on".

"communists—marxists, socialists, and everyone in between—have distorted and appropriated key words like “freedom” and “community.”

"communism and socialism suffer from the same problem: too much, too centralized government, which deprives the people of the right and opportunity to exercise self-government".

"communism seizes power by force, not by the free choice of the people"

"socialists believe that people can't be trusted to choose... cocialism is the denial of choice, the denial of choice for ordinary people in their everyday lives. In Britain, there is a desire to work and build a future for our children. But socialists don't trust the people".

Thatcher championed individual freedom, personal responsibility and hard work, free markets and limited government. Community, but not collectivism.

This post was edited on 5/14/26 at 6:35 am
Posted by ApexTiger
cary nc
Member since Oct 2003
56550 posts
Posted on 5/14/26 at 6:34 am to
Black and brown people with the help of white feminists will have us all in chains before it’s over

Posted by AUJACK
Member since Sep 2020
1380 posts
Posted on 5/14/26 at 6:36 am to
quote:

Mamdani inherited a $12 Billion budget deficit and already has it to zero.
cajunangelle
Calm down. We had a thread that the straight was closed.

Grammar and spell checks suck.


Got it. I'm just surprised that someone read a post on page 5.

Thanks. Giving you an upvote.
Posted by lsuson
Metairie
Member since Oct 2013
15343 posts
Posted on 5/14/26 at 6:36 am to
He was given 7.6 billion
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
24830 posts
Posted on 5/14/26 at 6:40 am to
They siphoned it from the state budget. Without the state of NY ignoring 2/3 of the state NYC doesn’t have a balanced budget.

That’s like saying since the treasury can produce more dollars the federal budget is balanced.
Posted by jp4lsu
Member since Sep 2016
6769 posts
Posted on 5/14/26 at 6:42 am to
I didn't know the state had given that much. Wow. I knew there had to be a catch on him balancing the budget this quickly. There was no-way to have that much tax revenue from increases to cover that.
Has he made cuts to spending at all?
Posted by Narax
Member since Jan 2023
7917 posts
Posted on 5/14/26 at 6:43 am to
Sure is correct this is a free trial run.

But NYC balances its budget every year.

There was no deficit he inherited.

Posted by tketaco
Sunnyside, Houston
Member since Jan 2010
21745 posts
Posted on 5/14/26 at 6:46 am to
He took rich people money and gave it to his friends.
Posted by UtahCajun
Member since Jul 2021
5563 posts
Posted on 5/14/26 at 6:46 am to
quote:

The internet shouldn't be for everyone. There should be a test that determines how gullible someone is and if they don't score above a certain score they can't access the internet.

Seriously? That would destroy this board.
Posted by HagaDaga
Member since Oct 2020
7826 posts
Posted on 5/14/26 at 6:49 am to
quote:

More likely you are just retarded and didn't grasp the fact that the state had to chip in $8B and the rest came from deferring pension pay and raising fees on everything else they could.
hole up... didn't he make the bus free??
Posted by UtahCajun
Member since Jul 2021
5563 posts
Posted on 5/14/26 at 6:50 am to
quote:

Manage the office competently and everyone should vote faithfully.

Never would happen. Promises of gifts from the public coffers would always win out. A certain someone wrote that this would be our downfall back in 1835. We are almost there.
Posted by NIH
Member since Aug 2008
122841 posts
Posted on 5/14/26 at 6:52 am to
Do you agree with Mamdani on urban governance?
Posted by TygerTyger
Houston
Member since Oct 2010
11124 posts
Posted on 5/14/26 at 6:54 am to
quote:

OysterPoBoy



5 pages by 6:52 in the AM and you’ve completely abandoned this thread with only the original spunk that dribbled out of your pie hole and one non-reply.

Yeah, you are a moron and an embarrassment. And a commie loser to boot.

As someone else said, an actual oyster poboy is smarter.
Posted by lake chuck fan
Vinton
Member since Aug 2011
23781 posts
Posted on 5/14/26 at 6:55 am to
Meh.... I'm not a forensic accountant, but I don't believe this!
Posted by Bandit1980
God's Country
Member since Nov 2019
4613 posts
Posted on 5/14/26 at 6:58 am to
This is BeeeeeeeeeeeeeeeeeSSSSSSSSSSSSSSSSSSS


How exactly did he do it?
Posted by HagaDaga
Member since Oct 2020
7826 posts
Posted on 5/14/26 at 6:58 am to
She's right about democratic socialism....8billion of other people's money
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