How New York mayor Zohran Mamdani solved the city’s budget crisis

Zohran Mamdani, the 34-year-old mayor of New York City, who campaigned on making the city more affordable, is facing one of the hardest tests of leadership: delivering on ambitious promises despite facing a challenging landscape. After inheriting a $12 billion gap in the budget—the largest since the Great Recession—Mamdani just released his $124.7 billion budget proposal for the 2027 fiscal year. It includes important measures like funding for childcare, worker protections, and greater access...