Where liberals rule-----Massive city, state budgets grossly overspend and put NYC at risk, fiscal watchdog finds: 'unaffordable and unprepared'

The Citizen Budget Commission recommended nixing Gov. Kathy Hochul’s pet project, the $2 billion dollar “inflation reduction checks” approved as part of the state’s record-high $254 billion budget for next year. -Matthew Fischetti andVaughn Golden

• The watchdog group warned that the mayor elected in November will have to close a $6 to $8 billion budget gap just 16 days into their term due to underbudgeting, overspending — and impending costs from the state’s class size law mandate.
• Similarly, it said the state still has a structural budget gap of nearly $22 billion dollars, which could increase due to federal cuts.
• “The real finding with this budget, at the state level is that it spends too much and prepares too little for the future,” said Patrick Oreki, the CBC’s state policy director...