The Trump administration is pushing to reshape the federal housing safety net by slashing spending and shifting the burden of ...

New York City may be headed for annual deficits of as much as $13 billion because it under-budgets costs for social services ...

New York City may be headed for annual deficits of as much as $13 billion because it under-budgets costs for social services ...

New York could plug that gap with around $1 to $2 billion of annual revenue, state budget director Blake G. Washington said in February. The MTA would then issue bonds backed by that revenue ...

Adams has said his administration is struggling to close New York City’s expected $7 billion budget gap next year given whopping migrant costs — and added Sunday that the federal government ...

Next year’s projected $9 billion budget gap is massive ... enough to cover just roughly two weeks’ worth of costs for New York City. And other fiscal risks continue to build, such as a ...

New York City could face a cumulative budget gap of $40 billion over the next four years thanks to soaring costs, according to state Comptroller Tom DiNapoli. That estimate, which exceeds the city ...

The state’s top money manager painted a bleak fiscal future for New York in a sobering report released Tuesday, estimating a jaw-dropping budget gap of $36.4 billion by 2027. State ...

"With budget gaps widening despite billions of dollars ... the Mayor's Office of Management and Budget told The Bond Buyer. The 51-member New York City Council held hearings in April on the ...

NYC Comptroller Brad Lander commended the mayor ... “We do need to address significant out-year budget gaps, but we don’t need to close our public libraries on the weekends, as the Mayor ...

New York City is staring down billions of dollars in budget gaps in the coming years, and those gaps could balloon quickly without action to rein in spending, the Citizens Budget Commission warned in ...

Ron Deutsch: The budget gap highlights the growing needs that exist in New York, and this year offers us the opportunity to commit to creating a state that works for everyone, not just the rich. Our ...