Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=Phsuf0PsJea Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter NYC Mayor Mamdani backtracks on fiscal crisis during testimony to lawmakers [0jUnnCmBbme] Health Updated on August 12, 2026 EDT — Published on August 12, 2026 EDT During a budget hearing with state lawmakers in Albany, Mamdani said the $12 billion projected deficit was closer to $7 billion due to strong Wall Street returns and his plan to find $1 billion in efficiencies. kir9EmwKvI1 aIliNMVl6IQ N8vd3ph1U44 dWT6E443j6x DczXoQfOIsl
During a budget hearing with state lawmakers in Albany, Mamdani said the $12 billion projected deficit was closer to $7 billion due to strong Wall Street returns and his plan to find $1 billion in efficiencies. kir9EmwKvI1 aIliNMVl6IQ N8vd3ph1U44 dWT6E443j6x DczXoQfOIsl