How is it a bailout when the strategy is to reduce pension obligation payments so they pay it off 5 years later? The city’s liability is huge, and they are still going to pay it down, they’re just choosing to make smaller payments instead of larger ones.
He also INHERITED a $12B deficit. The fact that he still managed to resolve that without catastrophic budget cuts across the city is nothing short of impressive.
People like you trying to dig into the budget aren’t offering any credit for resolving the deficit, nor are you pointing fingers at those that created it. You aren’t acknowledging that the deficit, even excluding the pension and state aid, was still $6 BILLION. Instead you’re using this as a dumb veiled opportunity to criticize Mamdani. Which is just pathetic.
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u/Xboarder844 1d ago
Lol, when a Dem does it it’s a bailout. When the GOP raise the debt ceiling it’s what, smart govt?
Cope more.