Economics ❯ Public Finance ❯ Budget Deficits

Revenue Generation

Taxation Tax Policy Tariff Revenue City Revenue Debt Management Taxation Strategies State Funding Expenditure Management Tax Increases Government Spending

Hochul Rejects NYC PTET Cut as Mamdani Seeks $1 Billion to Plug Budget Gap

The governor’s refusal leaves a large hole as the city races toward a June 30 balanced‑budget requirement.

Chicago Council Passes $16.6 Billion Budget Without Head Tax, Setting Up Veto Test