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“We have a real financial crisis with the $4 billion we had to allocate, closing our union contracts, all those fiscal responsibilities, but we have done an amazing job of making sure that the cuts are not devastating,” Adams said this week in a community conversation. “We got a budget that we’re getting ready to settle now with the City Council. Let us do this thing.
“Against all odds, New York City’s post-COVID economy has proven to be durable and resilient,” said Councilmember Justin Brannan, who chairs the Committee on Finance. “We maintain that the Administration’s blunt cuts were never necessary in the first place, and we will be fighting for and expecting to see full restorations across the board from 3-K to CUNY, our libraries, cultural organizations, and everything in between. Hardworking New Yorkers deserve nothing less.
“We have been clear that we don’t want to do anything that will impact the success we’ve shown already in this city,” said Mayor Adams at his, “We have to balance the budget by law. We don’t get the opportunity to print new money like the federal government. We have to look at the money that’s coming in and match the money’s that’s coming out.”
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