Mayor Mamdani announces new initiative to fix $12B NYC budget gap
NEW YORK CITY (PIX11) — Mayor Zohran Mamdani is requiring every city agency to hire a “chief savings officer” to close a massive budget deficit, he announced Thursday. Mamdani on Wednesday outlined the city’s bleak fiscal reality, including a $12 billion budget gap between 2026 and 2027. In an exclusive interview with PIX11’s Dan Mannarino, [...]