On the heels of Mayor Eric Adams dropping his $107 billion executive budget for the coming fiscal year, City Council Speaker Adrienne Adams said Thursday that many city agencies are “hurting” and proposed cuts in the mayor’s plan would continue to cause them to “bleed out.”
Speaker Adams made the remarks regarding the mayor’s latest round of $1.6 billion budget cuts, during an unrelated press conference at City Hall on Thursday afternoon. The trims were made under the latest version of the mayor’s so-called “Program to Eliminate the Gap” (PEG), enacted earlier this month.
