Reason Foundation Issues Commentary: Mayor Mamdani's Balanced Budget Miracle is Built on a Pension Gimmick
May 16, 2026
May 16, 2026
LOS ANGELES, California, May 16 -- The Reason Foundation issued the following commentary by Managing Director of Government Finance Mariana Trujillo:
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Mayor Mamdani's balanced budget miracle is built on a pension gimmick
The mayor's plan will reduce immediate pension debt payments and lead to higher future payments.
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New York City's budget has been balanced, boasted Mayor Zohran Mamdani. The city was expecting . . .
* * *
Mayor Mamdani's balanced budget miracle is built on a pension gimmick
The mayor's plan will reduce immediate pension debt payments and lead to higher future payments.
*
New York City's budget has been balanced, boasted Mayor Zohran Mamdani. The city was expecting . . .