Fiscal Mismanagement
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Mamdani says NYC must hike taxes on rich to fill $12 billion deficit
CNBC Television· 2026-01-28 15:30
The prior mayoral administration has left us with a12 billion dollar fiscal deficit. And this is at a scale that's actually greater than what we saw here in New York City during the great recession. And it's something that is attributable to gross fiscal mismanagement, to a refusal to actually budget honestly and be direct with New Yorkers.And that's what we're going to actually do today. >> Okay. So the big question is assuming that that is the hole, how do you fix the hole.>> Well, I think the first way i ...
OMB Director Russell Vought on calling for Fed building renovations investigation
CNBC Television· 2025-07-11 16:01
This is about the extent to which this building is incredibly expensive and overrun and we're going to be able to do what we can to deal with that kind of large s that is offensive for anyone going to the national mall and and that's the kind of thing that our national capital stance on rates nothing to do with his stance on rates. This certainly has to do with the fiscal mismanagement of the Fed of which this is one aspect of it and we are going to zoom in over the last several days on this. We have new co ...