counter NYC faces $12B budget deficit, drawing comparison to 2008 financial crisis – as Zohran Mamdani uses dire forecast to push taxing the rich – Forsething

NYC faces $12B budget deficit, drawing comparison to 2008 financial crisis – as Zohran Mamdani uses dire forecast to push taxing the rich

The Big Apple was in the red — even before the socialist takeover. 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. Mayor Zohran Mamdani quickly used the dire forecast to push to his “tax…

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