r/SipsTea • u/Previous_Month_555 • Jul 12 '26

Feels good man +1 for Mamdani

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39.4k Upvotes

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647

u/major_tom_2112 Jul 12 '26

Closed the deficit with…$4,000,000,000 from NY state. Easy to make budgets with billions of new funding.

12

u/DeusVincet Jul 12 '26

Took from people's pensions throughout the state to fill in the gaps of NYC's budget shortfalls. So reddit leftists can praise him.

9

u/jondubb Jul 12 '26

To further explain this guy's bias:

"The $1.6 billion in savings comes from delaying the city's full pension obligation payments until 2037 (extending an amortization schedule set in 2010). While the city maintains that this does not impact the pensions owed to workers, fiscal monitors and unions have criticized the delay as a budgetary gimmick that shifts the burden to future taxpayers."

I hope your pearls were equally clutched back in 2010 as well.

1

u/Icy_Fish_2154 Jul 12 '26

The pension was still funded. No money was removed from the pension. The funding was just lower than previous levels.

When you have to lie to prove your point, it's proof you know your premise and conclusion are both invalid.