NYC Mayor Orders More Budget Cuts Amid Migrant Crisis Costs and Council Pushes for Restoring Funds.
Mayor Eric Adams has ordered most city agencies to cut their budgets by an additional 4% due to labor costs, proposed state budget cuts, and the city's migrant crisis, which has already cost $817 million. The total cost of accommodating migrants could reach $4.3 billion by July 2024, and agencies must keep a lid on spending to hedge against that ballooning price tag. The austerity move drew an almost immediate backlash from progressive advocates and members of the City Council.