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Mamdani, NYC Council reach handshake deal on colossal $125B budget #shorts
Posted
July 1, 2026
Views
18,265
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750
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July 1, 2026
18,265
750
305
5.78%
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2:05Now PlayingMayor Zohran Mamdani struck a last-minute handshake deal on Tuesday morning with City Council Speaker Julie Menin on the Big Apple’s colossal, nearly $126 billion budget for next year — but the agreement notably leaves out an expanded headcount for the NYPD.
The final deal comes right before a July 1 deadline to pass a budget for the 2027 fiscal year — and after a tense, protracted negotiation that nearly fell apart at the eleventh hour over Mamdani backtracking on a campaign promise to fund the expansion of a housing voucher program.
However, Mamdani and the council came to a last-minute agreement Monday night as part of the $125.8 billion spending deal to expand voucher access that will see the council voting to establish a new rental assistance program aimed at helping New Yorkers facing eviction or in the shelter system who aren’t eligible for the City Fighting Homelessness and Eviction Prevention Supplement program.
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#mamdani #nyccouncil #deal #budget
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