Mayor Zohran Mamdani said the only way to close a more than $12 billion budget gap was to raise taxes on the wealthy and ...

NYC’s newly elected mayor told reporters Wednesday that wealthy residents need to contribute more money through higher taxes as the city struggles with a budget gap exceeding $12 billion left behind ...

Stop me if you’ve heard this one before: the governor of Illinois walks into a bar and cautions that the state is having fiscal difficulties, so tough budget decisions lie ahead. If that sounds ...

Governor Healey has drawn up a plan to fix the MBTA’s budget problems for one more year with a stash of unspent Fair Share ...