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Andrew Rein

Coverage of Andrew Rein in the Nexus archive.

Earliest in view: Jun 30 · 18:37 UTCMost recent: Jul 28 · 20:25 UTC
Co-mentioned in this coverage
Zohran Mamdaniperson2Mark Levineperson2Citizens Budget Commissionorganization2NYC agenciesorganization1City Hallorganization1fiscal year 2027topic1Fiscal Year 2028topic1Julie Meninperson1housing voucher programtopic1pension paymentstopic1Wall Street boomtopic1
Recent coverage
  • POLITICSJul 28 · 20:25 UTCAMNY
    Mamdani sends NYC agencies hunting for savings again as multibillion-dollar gap looms

    Mayor Zohran Mamdani has directed NYC agencies to identify 2.5% savings in Fiscal Years 2027 and 2028 to address a projected multibillion-dollar budget gap. Previous efforts saved $1.77 billion, but the city faces at least a $6 billion gap next year, with estimates as high as $8.8 billion in FY2028.

  • POLITICSJun 30 · 18:37 UTCTHE CITY NYC
    ‘Groundhog Day’ for Mamdani’s Big Budget One-Shots

    Mayor Zohran Mamdani's $125.8 billion budget for fiscal year 2027 addresses a $12 billion gap using $8 billion in one-time funds and pension payment delays, but critics warn it creates a projected $7 billion deficit by 2028. Fiscal experts like Comptroller Mark Levine and the Citizens Budget Commission argue the measures shift costs to future taxpayers and fail to resolve structural challenges, while Mamdani claims democratic socialists can outperform capitalist economic management.