Mamdani reaches budget agreement omitting costly campaign promises
New York City Mayor Zohran Mamdani reached a handshake agreement with City Council Speaker Julie Menin regarding the $126 billion budget on Tuesday, hours before the city’s next fiscal year starts.
TL;DR
- Mayor Zohran Mamdani and City Council Speaker Julie Menin reached a budget agreement.
- The agreement concerns the $126 billion budget.
- The deal was finalized on Tuesday, hours before the new fiscal year began.