Latest / New York City News Today | 2 Min News | The Daily News Now!
NYC Budget Deal Hits $125B | New York City News
New York City just sealed a historic $125 billion budget deal, delivering 30,000 new housing vouchers, millions for Ground Zero toxin cleanup, and transit discounts for 340,000 more residents — all after a tense standoff between Mayor Mamdani and the City Council. With Governor Hochul’s $4 billion lifeline, the city dodged major cuts and avoided a fiscal meltdown, though her veto of the mayor’s wealth tax sparked debate. Council Speaker Menin’s team won big: $1,000 college savings accounts for every kindergartner and a major boost for toxic investigation funds. But critics aren’t silent — the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.