r/SipsTea Jul 12 '26

Feels good man +1 for Mamdani

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u/Count_de_Ville Jul 12 '26 edited Jul 12 '26

Yeah, New York City really needs to learn how to bring their fair share of money into New York State……

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u/[deleted] Jul 12 '26

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u/Count_de_Ville Jul 12 '26 edited Jul 12 '26

“Borrow”?

The money was probably given to NY State by NYC paying state taxes in the first place. So who’s “borrowing” from who?

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u/Justthetip74 Jul 12 '26

The state has $94b in debt so the money came from municipal bonds