Hernandez Sounds Alarm as NYC Faces Credit Downgrade Threats following Mayor Mamdani’s Budget Proposal
NEW YORK, NY — Joseph Hernandez, Republican candidate for New York State Comptroller, today warned that New York City is heading toward a fiscal crisis after multiple major bond rating agencies issued dire warnings about the city’s financial outlook under its current budget trajectory. Recently three of the four major credit rating agencies, including Moody’s, […]