Unveiling his budget of $127 billion for the year ahead, New York Mayor Zohran Mamdani announced he was $5.4 billion short

Unveiling his budget of $127 billion for the year ahead, New York Mayor Zohran Mamdani announced he was $5.4 billion short

Two months after riding into office on a wave of youth support and hopes his unprecedented leftist policies could tackle New York's soaring cost of living, Mayor Zohran Mamdani is eying raising an unpopular property tax.

Unable to win the backing of the powerful state governor to increase income taxes, Mamdani, 34, has been forced to look elsewhere to fund his flagship policies that include free buses and mental health emergency responders.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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