Press Mention

Biden’s $1.9 Trillion Stimulus Will Put Share of Billions into Millions of New Yorkers’ Pockets

The CITY

March 08, 2021

“This level of aid will allow the state to restore spending cuts and balance its budget through fiscal year 2023 even without increasing personal income taxes or delaying the middle-class tax cut,” said Andrew Rein, president of the Citizens Budget Commission.

The mayor wouldn’t be specific Monday about the impact on the city budget, but he promised details soon.

“We’ll be talking about it more in the days ahead as we wait, of course, for it to be 100% signed, sealed and delivered with the president’s signature,” he said.

Read the original article