Mayor Adams orders NYC to cut spending 3% over inflation, looming recession

The memo from the Mayor's Office of Management and Budget stated that no agencies will be exempted due to "the magnitude of the threat to our financial stability."

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SEPTEMBER 12, 2022 Mayor Adams orders NYC to cut spending 3% over inflation, looming recession   The memo from the Mayor's Office of Management and Budget stated that no agencies will be exempted due to "the magnitude of the threat to our financial stability." Read More Advertisement

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