S&P 500 & Equities·Bloomberg Markets· 1h ago

Mamdani Spars With NYC City Council Over $127 Billion Budget

The Big Market Report Take

New York City Council Speaker Julie Menin outlined a budget proposal that she said would close a $6 billion deficit without raising taxes, cutting services or raiding the city’s savings — a plan Mayor Zohran Mamdani immediately deemed “unrealistic.”

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