- The New York City budget, totaling $127 billion, was unveiled by Mayor Mamdani, emphasizing racial equity and diversity initiatives.
- The budget allocates $10.2 million to support the establishment of racial equity offices aimed at promoting fairness and inclusion in city policies and operations.
- Substantial investment is being made in high-paying diversity-related jobs, aligning with the city’s commitment to address racial disparities and foster inclusivity.
- As part of the financial strategy, the budget outlines a reduction of 5,000 positions within the NYPD, indicating a shift of resources away from traditional policing.
- To further fund these initiatives, the proposal includes significant hikes in property taxes, impacting residents and property owners in New York City.
Source: https://www.foxnews.com/politics/mamdani-plan-pours-millions-racial-equity-offices-six-figure-diversity-jobs-cuts-5k-nypd-jobs)
