Months Into Mamdani’s Term, NYC Gets A Big Credit Warning
Source: The Daily Wire - Breaking News, Videos & Podcasts · Bias: Right
Summary
Moody’s downgraded New York City’s financial outlook from “stable” to “negative” on Wednesday, citing a projected $5.4 billion budget deficit. The deficit was unveiled by Democratic Mayor Zohran Mamdani during a preliminary budget hearing in February. Mamdani has proposed increasing the city’s budget from $115 billion under his predecessor to $127 billion for the upcoming fiscal ...
Related Coverage
- Business Leader Calls on New York City to Resist Mamdani (Far Right — The Gateway Pundit)
- Fox host warns Trump will pay for his 'breathtaking' corruption (Left — Alternet.org)
- Bannon warns the ‘old politics are gone’ amid Democrat socialist surge (Far Right — BizPac Review)
- Big Oil heads for biggest profits in years as Trump pushes for lower gas prices (Right — New York Post)
- A Vietnam Nurse Who Came Home, Helped Get Us to 250 (Center Right — RealClearPolitics - Homepage)
- Mamdani blasts ICE agents, Elon Musk and 'supremacy' in America 250 speech ahead of July 4 weekend (Right — Latest Political News on Fox News)
- Karoline Leavitt warns ‘full-blown Communist revolution’ taking place right NOW (Far Right — BizPac Review)
- ‘Heat for thee, but not for me’: Mamdani lets City Hall go chill as he tells residents to sweat it out (Far Right — WorldNetDaily)
More Headlines From March 12, 2026
- Oil price surges as Iran steps up attacks on ships in the Persian Gulf (Center)
- U.S. investigates strike on Iranian school as the war sparks a global oil crisis (Center)
- Trump says the 'quiet part out loud' with brag US makes 'a lot of money' from oil crisis (Left)
- Trump releasing 172M barrels of oil from reserve as prices soar amid Iran war (Center)
- Live updates: Energy secretary emphasizes ‘short-term’ spike in oil prices; Senate to take up DHS funding (Center)







