Massive city, state budgets grossly overspend and put NYC at risk, fiscal watchdog finds: ‘unaffordable and unprepared’

5 hours ago Top News NY Post - Top News 4

Both the city and state’s gargantuan budgets are “unaffordable and unprepared” in the wake of a potential recession and impending cuts from the feds, a fiscal watchdog group said Thursday — sounding the alarm on massive overspending. The Citizen Budget Commission recommended nixing Gov. Kathy Hochul’s pet project, the $2 billion dollar “inflation reduction checks”...

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