Washington, D.C. – (RealEstateRama) — “The uncertainty surrounding future policy decisions by the Trump administration and the Republican Congress presents real risks to our City budget. My office conducted an analysis outlining potential Federal cuts—and I’m concerned many critical areas could be affected. From affordable housing to programs that support at-risk children, our social safety net could be fundamentally changed by backwards policies from Washington. We believe that whatever the White House and the Republican Congress do, our City must protect its most vulnerable residents.
“Over the coming months, we must enact a budget that secures the safety net, prepares our children for the future, and helps our city compete in a 21st century economy. We also must be smart about spending in good times so we are prepared for when tougher times arrive. I look forward to working with the Mayor and the City Council to ensure we have a budget that accomplishes these goals and gives every New Yorker a fair shot to make it here. My office is currently reviewing the preliminary budget and will release a comprehensive analysis in the coming weeks.”
Comptroller Stringer previously released an analysis of how federal aid to New York City, which often impacts New Yorkers who need support most, could be at risk under the Trump Administration and the Republican Congress.
PRESS CONTACT
Tyrone Stevens
(212) 669-4328
tsteven (at) comptroller.nyc (dot) gov
