SCRAMBLE: NYC Mayor Zohran Mamdani announced his brand new $127 Billion dollar annual budget, it was nice knowing you New York.......
Garage Logic
Gamut Podcast Network
4.7 • 3.8K Ratings
🗓️ 18 February 2026
⏱️ 42 minutes
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Summary
NYC Mayor Zohran Mamdani announced his brand new $127 Billion dollar annual budget, it was nice knowing you New York.......
Mayor Zohran Mamdani unveiled a record $127 billion budget Tuesday — with an ultimatum to Albany to tax the rich or he’ll slap the Big Apple with a massive property tax hike.
The democratic socialist framed his proposal — which would also include pulling from the city’s $10 billion rainy day fund — as a “last resort” to balance the budget if Gov. Kathy Hochul doesn’t agree to increase taxes on millionaires.
“I do not want to raise property taxes,” Mamdani said of his preliminary budget plan, which would hike property taxes 9.5% to raise an additional $3.7 billion in the next fiscal year.
“When faced with this crisis, the question is who should pay these taxes? I believe that it should be the wealthiest New Yorkers, the most profitable corporations. I believe that they can afford to pay a little bit more,” Mamdani said.
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Transcript
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| 0:00.0 | And this is the weekly scramble, a place where we chat about life over a cold one. |
| 0:12.5 | Or two. |
| 0:13.5 | It's time to belly up to the pod with Mike Fratelone and your host, Chris Revers. |
| 0:20.3 | That's right. It's time for the weekly scramble podcast. My name is Chris Revers. With me, as |
| 0:24.6 | always. His name is Mike Fredeloni. Hello, Michael. How you doing Revers? I'm doing good. |
| 0:30.6 | I only prefaced what I wanted to start with on today's show by saying we were going to go |
| 0:35.3 | to the great city of New York. |
| 0:38.5 | And Michael, I would like you to pull up the New York Post right now. |
| 0:42.9 | I believe you do not need a subscription. |
| 0:44.8 | Of trash and ice. |
| 0:47.5 | Oh, it gets way better. |
| 0:48.4 | See, New York elected a brand new mayor last November. |
| 0:52.5 | I heard about him. |
| 0:53.1 | His name is Zoran Mom Donnie. And we have a bit of breaking news here on a podcast. mayor last November. I heard about him. His name is Zoran Mamdani. |
| 0:55.1 | And we have a bit of breaking news here on a podcast. |
| 0:57.9 | I get it. |
| 0:58.7 | But a couple of hours ago, the New York Post reported that Mayor Zoran Mom |
| 1:03.2 | Donny is set to unveil his record $127 billion budget today. |
| 1:11.7 | Not bad. |
| 1:12.7 | Fueled by a proposed property tax hike on New Yorkers, the Post has learned. |
| 1:18.3 | The eye-popping preliminary budget, which is up nearly $11 billion from the current fiscal year, |
| 1:26.1 | will also call for the city to pull from its |
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