
Mayor Mamdani’s Budget Can Add Up
New York’s incoming socialist mayor faces real fiscal constraints — but also real opportunities. With a strong tax base, modest reforms, and a clear political mandate, Zohran Mamdani has the tools to govern.
Nathan Gusdorf is the executive director of the Fiscal Policy Institute.

New York’s incoming socialist mayor faces real fiscal constraints — but also real opportunities. With a strong tax base, modest reforms, and a clear political mandate, Zohran Mamdani has the tools to govern.