Higher taxes and reckless spending: Welcome to Mamdani’s NYC

Published February 20, 2026 5:27am ET



New York City Mayor Zohran Mamdani is quickly going to remind New Yorkers that electing a communist means much higher taxes and uncontrolled spending.

Mamdani’s budget proposal for fiscal 2027 totals $127 billion in spending. That is about $11 billion more than last year’s budget. It is also about $10 billion more than the budget for the state of Florida, which has around 15 million more residents than New York City.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.