Eric Adams, gearing up for reelection fight, rolls out affordability announcement
Politico“We can’t bring down the cost of bread, but we can give you some bread so that you can pay for the bills and necessities that you have,” Adams said to cheers. Union president Rich Maroko, whose organization endorsed Adams’ first mayoral bid and ran a $1 million independent expenditure for it, offered support — even though the bill is not geared toward his union. “This is exactly what you would expect from a blue-collar mayor and a blue-collar administration, one that cares about and focuses on the real needs of working New Yorkers,” Maroko said. If passed, Adams estimates the bill would return $63 million to more than half a million of the poorest New Yorkers — people belonging to his winning coalition in 2021. Following Adams’ announcement, First Deputy Mayor Maria Torres-Springer said the city would not try to make up for the loss in revenue, adding “it’s a wise investment that we are able to make because of incredible fiscal stewardship led by the mayor and the budget director over the course of the last few years.
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