NYC Mayor Announces Billions In Budget Cuts — And Slashes To NYPD — To Deal With Migrant Crisis

New York City Mayor Eric Adams on Saturday announced budget cuts to the tune of billions of dollars due to rising costs associated with the tens of thousands of migrants flooding into the city.

All city agencies will be forced to cut spending by 5% starting in November and 15% by next spring. The budget cuts will not require layoffs, but they will reportedly involve a hiring freeze.

Altogether, the budget cuts — some of the steepest in years — will amount to billions of dollars that could affect a...