Things are going from bad to worse for the sanctuary city of New York with the Ugandan-born, self-proclaimed democratic socialist Mayor Zohran Mamdani at the helm. In fact, he has already revealed that the city is already staring down the barrel of a massive, $12 billion deficit for 2026. While he tried to pin the blame on his predecessor, Mayor Eric Adams, Adams managed to successfully rebut Zohran’s attacks and show that the fault lies in his far-left, socialist agenda.
Mamdani’s announcement of the massive fiscal crisis that New York faces, a problem that its fellow sanctuary city of Chicago is facing as well, came on Wednesday, January 28. In the press conference, he claimed that the whole thing is the fault of former Mayor Adams and former Mayor Cuomo, ignoring that most of the problems are caused by his hugely expensive new socialist initiatives and the flight of taxpayers from his threats of higher taxes.
Particularly, the far-left mayor insisted that teh $12 billion deficit for this year exists because former Mayor Adams supposedly budgeted too little for public programs New Yorkers “rely on every single day.” He added that the former mayor was, before he left, “quietly leaving behind enormous gaps for the future.”
Commenting on the massive deficit itself, Mamdani tried to insist that former Mayor Adams was at fault and had created the problem intentionally rather than by accident. The far-left socialist mayor snapped, “There is a massive fiscal deficit in our city’s budget to the tune of at least $12 billon. We did not arrive at this place by accident.”
Continuing by trying to pin the blame firmly on Adams with a ridiculous pop-culture reference attempt, Mamdani insisted that Adams was the “architect” of the collapse, saying, “This crisis has a name, and a chief architect. In the words of The Jackson 5, it’s as easy as ABC. This is the ‘Adams Budget Crisis.’”
Still not done, Mamdani went on to claim that the Adams budget was not the “best budget ever,” as Adams claimed, but rather a move by which he “handed the next administration a poisoned chalice.” That’s when he got to the ridiculous claim about Adams being imprudent with the provision of social services, saying that he “systematically under-budgeted services that New Yorkers rely on every single day.”
Then, when a reporter asked him about what he was doing to fix the problem, Mamdani said, “We are speaking about a fiscal crisis at the scale greater than the Great Recession. And, so there will not be one single thing that can answer that crisis. It will require us to pursue every single avenue. That means looking inward into savings and efficiencies, that also means raising taxes on the wealthiest New Yorkers, and the most profitable corporations.”
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Adams fired back on X. In a sizzling skewer of a post, Adams exposed that the fault lies entirely with Mamdani, saying, “In case anyone was wondering, this was the real motive behind today’s press conference. Mayor Mamdani promised a laundry list of “free” giveaways to buy votes, with no plan to pay for them. Now that the math doesn’t work, instead of owning the fact that he misled New Yorkers, he’s blaming me.”
He continued, “Let’s be clear: I left him over $8 BILLION in reserves. This is the same Mamdani who spent years attacking me for not spending enough during the migrant crisis. The only reason those reserves exist is because I ignored him and his socialist comrades who demanded we blow billions more with no guardrails. ‘Free’ isn’t free. It’s just a bill someone else has to pay.”