Massive city, state budgets grossly overspend and put NYC at risk, fiscal watchdog finds: ‘unaffordable and unprepared’

Both the city and state s gargantuan budgets are unaffordable and unprepared in the wake of a possible recession and impending cuts from the feds a fiscal watchdog group announced Thursday sounding the alarm on massive overspending The Citizen Budget Commission recommended nixing Gov Kathy Hochul s pet project the billion dollar inflation reduction checks