This post was originally published on Politico.

DAYS THE BUDGET IS LATE: 28
WITH FRIENDS LIKE THESE: Mayor Zohran Mamdani and Council Speaker Julie Menin have been at loggerheads over how to close New York City’s multibillion-dollar budget gap.
Mamdani has maintained the deep deficit can only be plugged if the state raises taxes on millionaires and large corporations. Menin has countered that the gap can be addressed by trimming municipal bloat — a proposal Mamdani panned as “unrealistic” just weeks ago.
Today brought a major deescalation: The two leaders joined forces to call on Gov. Kathy Hochul and state lawmakers to scale back a tax credit

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