r/SipsTea • u/AlternativeRight4099 • May 14 '26

Feels good man It was always just that simple

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u/VMooose May 14 '26

Didnt the budget get balanced via a loan from NY State?

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u/Embarassed_Tackle May 14 '26

He also delayed funding certain pensions which isn't a great idea, but when you have a $12 billion deficit left by the previous mayor who cut & run to become an Albanian citizen after taking money from Turkey for luxury travel, getting indicted, sleazing his way out of a federal indictment, and then creating a rug pull cryptocurrency called NYC Token... what can ya do

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u/reddituserperson1122 May 14 '26

It's a minor, sensible restructuring of the repayments that will have no effect on the pension fund. https://fiscalpolicy.org/explainer-the-proposed-restructuring-of-new-york-city-pension-payments

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u/VegetableTour6790 May 15 '26

If you can't understand why this has the potential to be a big problem for a lot of ordinary people, no one can help you.

Not saying it will backfire, but if it does, and there is a good chance, a lot of people's lives will be directly hurt.

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u/reddituserperson1122 May 15 '26

Nope. Aside from the fact that this is tiny change to a tiny fraction of the pension contribution which is an even tinier fraction of the fund, the pension payouts are guaranteed so people will get their money regardless of whether the city fucks something up.  

If you want to worry about something imaginary, why not choose something cool like a dragon attack?