NOT QUITE: Mayor of NYC Zohran Mamdani has taken the $12 billion budget deficit and completely erased it making the deficit now $0

Mamdani claims $0 deficit…

Raids NYPD and Teacher pensions to balance books…

Hochul sends $4B lifeline… The $12B NYC shell game…

By relying on 8 billion dollars in state bailouts and raiding the pension funds of city workers he has essentially traded long term stability for a short term political win. This strategy mirrors the failed policies of previous decades where politicians balanced the books by pushing liabilities onto the next generation.