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| Partial dichotomy |
https://www.newsmax.com/politi...dkt_nbr=010102ktr3yv Mamdani's Affordability Agenda Threatened by Math New York City Mayor Zohran Mamdani is set to roll out his first preliminary budget on Tuesday as officials and watchdogs warn that rising costs, especially in housing and education, are pushing the nation's largest city toward multibillion-dollar budget gaps that threaten to narrow the expansion of services he promised voters. NYC is legally required to balance its budget, and its fiscal year runs from July 1 to June 30, with the final spending plan typically adopted by late June after months of negotiations with the City Council. The Wall Street Journal reported that city officials are confronting a potential $12 billion gap over the next two years as spending grows faster than tax revenue, with particular strain from rental vouchers, public assistance, the school system, overtime, and required payments tied to the state-operated transit system. Mamdani has said his administration has made progress in narrowing the shortfall, citing expected revenue from Wall Street bonuses and internal savings, though the Journal reported that he provided few supporting details. The same report said his agenda includes free bus service, expanded child care, and new housing initiatives that would require additional funding. Outside fiscal monitors have issued sharper projections. New York City Comptroller Mark Levine said in January that the city faces a $2.2 billion shortfall in fiscal 2026 and a projected $10.4 billion gap in fiscal 2027, calling it an unusually large imbalance this late in the budget cycle. At the state level, New York State Comptroller Thomas DiNapoli's office has also warned that gaps could reach about $10 billion in fiscal 2027 and grow further in later years, citing risks tied to slowing growth and rising costs. Costs tied to housing vouchers have drawn sustained scrutiny. DiNapoli's office said in a January audit release that weak oversight and administrative lapses in the city's CityFHEPS voucher program are contributing to rising costs. Education is another pressure point. State documents show New York City must phase in smaller class sizes under state requirements, a shift that can require additional staffing and space. The Journal also reported that budget analysts faulted former Mayor Eric Adams for underestimating future expenses. Adams has pushed back on the idea that his administration created the current squeeze, with a spokesman telling The Wall Street Journal it is wrong to blame the former mayor for "longstanding" budget gaps and fiscal pressures he inherited when he took office. When Eric Adams took office in early 2022, New York City already had projected out-year budget gaps. The city's November 2021 financial plan update listed City Funds "gaps to be closed" of $2.882 billion for fiscal 2023, $2.731 billion for fiscal 2024, and $2.140 billion for fiscal 2025, after accounting for a fiscal 2022 prepayment. The Citizens Budget Commission summarized the same plan as reducing the out-year gaps to about $2.9 billion, $2.7 billion, and $2.1 billion. | |||
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Baroque Bloke![]() |
^^^^^^
I suspect lots of fudging. Serious about crackers. | |||
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| Member |
There’s multiple examples of Math being racist. I suspect that this will be added to that list in some way. ______________________________________________________________________ "When its time to shoot, shoot. Dont talk!" “What the government is good at is collecting taxes, taking away your freedoms and killing people. It’s not good at much else.” —Author Tom Clancy | |||
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| Freethinker |
If you insist on your blinkered, society-wrecking view that it is merely racist, someone will be coming for you. A disgusting abomination like this (x+x = 2x) is not only racist, but also homophobic, transphobic, xenophobic, misogynistic, speciesist, patriarchal, colonialist, and adultist, and was invented by fat- and body-shaming CO2-spewing running dog exploiters of the capitalist Fascist Zionist military/industrial complex conspiracy to oppress the workers and peasants of color of the world. ► 6.0/94.0 “I can’t give you brains, but I can give you a diploma.” — The Wizard of Oz | |||
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| Member |
It's because 2 is even, isn't it? This space intentionally left blank. | |||
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| Freethinker |
Oh, …: You, too‽ Will the oppression never end??? (In case anyone wonders, I’ve been getting inspiration from reading The Great Terror by Robert Conquest. Stalin and the Soviet NKVD of the 1930s could have gotten some lessons about what sort of people were society’s “wreckers,” saboteurs, spies, and general miscreants from some of today’s movements.) ► 6.0/94.0 “I can’t give you brains, but I can give you a diploma.” — The Wizard of Oz | |||
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| Member |
FaIlure to accept mathematical reality is a hallmark of leftists | |||
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| Member |
Reading this, Santana's "Evil Ways" just started playing in my head. I guess I got to change my evil ways, baby... ______________________________________________________________________ "When its time to shoot, shoot. Dont talk!" “What the government is good at is collecting taxes, taking away your freedoms and killing people. It’s not good at much else.” —Author Tom Clancy | |||
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| Back, and to the left ![]() |
Now it's playing in my head. But thanks, it's actually not bad as earworms go. | |||
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| Run Silent Run Deep ![]() |
New Yorkers wake to the Islamic call to prayer _____________________________ Pledge allegiance or pack your bag! The problem with Socialism is that eventually you run out of other people's money. - Margaret Thatcher Spread my work ethic, not my wealth | |||
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| Shall Not Be Infringed |
Islamic Call to Prayer? Hey NYC...Push Back! https://x.com/RealDonKeith/status/2008936207569613094 And St. Patrick's Day will be here before you know it! ____________________________________________________________ If Some is Good, and More is Better.....then Too Much, is Just Enough !! Trump 47....Making America Great Again! "May Almighty God bless the United States of America" - parabellum 7/26/20 Live Free or Die! | |||
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| Lawyers, Guns and Money |
^^^ Wow!
"Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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| I have not yet begun to procrastinate |
Wait a second…are you saying socialism doesn’t work?? -------- After the game, the King and the pawn go into the same box. | |||
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Member![]() |
Or indoctrination. _________________________________________________________________________ “A man’s treatment of a dog is no indication of the man’s nature, but his treatment of a cat is. It is the crucial test. None but the humane treat a cat well.” -- Mark Twain, 1902 | |||
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| Member |
Domination into submission. | |||
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| His diet consists of black coffee, and sarcasm. ![]() |
I don't know if this broad is actually a member of Mamdani's administration, but his election has certainly emboldened this sort of thing. https://x.com/NerdeenKiswani/s...091365182845006?s=20 "Nerdeen Kiswani" sounds like a mook who's failed Darth Vader for the last time. https://x.com/RepFine/status/2023161539897720931?s=20 https://townhall.com/columnist...ng-our-dogs-n2671436
"The Almighty, He put some livin' things on this earth so a man can eat." - Festus Haggen, Gunsmoke | |||
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| Member |
The mayor is an idiot in all aspects. A cop shot an assailant with a butcher knife when he failed the usual commands. The assailant began closing the distance and any idiot knows that if the perp gets too close the cop wont have time to shoot. the cop wounded the guy. It was a mental health call and even the perps mother said the cop had no choice. His honor the mayor said a social worker should have been called instead of the cops. Most social workers are bright enough to know this incident is above their pay grade. The mayor wants all charges dropped. | |||
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| Wait, what? |
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אַרְיֵה![]() |
No, you shoot somebody with a gun. A knife is used for stabbing, not shooting. הרחפת שלי מלאה בצלופחים | |||
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| Lawyers, Guns and Money |
It Begins: Mamdani Plans First NYC Property Tax Hike In Decades To Plug $5 Billion Hole New York City property owners are set to 'enjoy' the first property tax hike in more than two decades as part of a proposed solution by Mayor Zohran Mamdani to fill a roughly $5 billion budget gap, Bloomberg reports. "He’s put a pretty extreme option on the table, which is a combination of raising property taxes and taking money from reserves and relying on some pretty aggressive revenue projections to boot," said NYC Comptroller Mark Levine. The pitch, set to be unveiled Tuesday afternoon during Mamdani's preliminary budget proposal, comes one day after Governor Kathy Hochul vowed to kick in another $1.5 billion in additional aid to the city for the current fiscal year and next. Hochul has also committed $510 million for future years to help plug holes in the budget. Update: Mamdani has laid out two paths; raise taxes on the ultra-wealthy and most profitable corporations, or 'balance the budget on the backs of working people using only the tools at the City's disposal.' Mamdani says that the state should step up even more. Last week, he called on state lawmakers Wednesday to approve a 2 percent personal income tax increase on the city’s wealthiest residents as well as a hike in the corporate tax rate in a bid to close a multibillion-dollar budget gap. Of note, Hochul and the legislature must approve any tax changes. While Mamdani is handcuffed in many ways when it comes to raising revenue, raising property taxes is something he can do as part of the annual budget process. Homeowners, meanwhile, just had their assessed values jump 5.6%, which will bring the city an additional $325.8 billion - which is separate of Mamdani's plan. Mamdani’s own rhetoric about the size and scope of the city’s budget situation has shifted. Earlier this month, just two weeks after describing the city’s $12.6 billion budget deficit as the city’s largest since the Great Recession, Mamdani revealed the hole had actually shrunk by $5 billion, because of higher tax revenue, propelled by personal income tax growth and Wall Street bonuses. Even threatening to raise property taxes could prove a political lightning rod for Mamdani, after campaigning to reform that system, which has been criticized for overburdening lower- and middle-income residents. The last time the city increased property tax rates was under former Mayor Michael Bloomberg in the early 2000s. -Bloomberg Meanwhile last month Mamdani said NYC is facing a $12.6 billion deficit over the next two years, which he blamed on his predecessor, Mayor Eric Adams, whose administration he says underbudgeted for various expenses such as cash assistance, rental assistance for homeless residents, special education and overtime costs. In FY 2025, NYC took in over $33 billion in property tax revenue. Mamdani during his campaign promoted progressive reforms to fund proposals such as free public transit, rent stabilization and housing programs, universal child care, and a $30 minimum wage, leading to his upset win over more moderate Democrats. He called for a 2 percent surcharge on high earners on the campaign trail. Estimates suggested it could create approximately $4 billion annually to support increased public services and affordability programs, as well as offset costs for broad social investments while not saddling middle- and low-income residents. https://www.zerohedge.com/poli...-plug-5-billion-hole "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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