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It was always wishful thinking that a bitterly divided Congress with a record of ignoring blue states would be inclined to show generosity toward New York, by sending the state and city direct aid they need to close respective $12 billion and $3.Unsurprisingly, the $900 billion aid package Congress finalized last week included no direct aid to New York City or state.New York City cannot avoid belt-tightening.Indeed, preliminary census figures show New York led the nation in population decline this year, losing 126,355 people between July 2019 and 2020.
“These risks in a context of heightened uncertainty highlight the importance of identifying options and planning for worst-case scenarios,” DiNapoli rightly urged.Will the City Council turn a deaf ear?