Leave your feedback Share Copy URL https://eevb.net/video/4AXaGQJMF52.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter New York City Council Responds As Socialist Mayor Postpones $3.7 Billion Pension Fund Obligation [LWShXBHXtP6] Health Updated on August 05, 2026 EDT — Published on August 05, 2026 EDT New York City Comptroller Mark Levine has warned of a protracted cash crunch after the city administration decided to delay a massive $3.7 billion payment into the retiree health benefits trust. This multi-billion-dollar fiscal maneuver pushes the critical obligation back to December 2026, while a separate state-approved pension re-amortization kicks $900 million in annual liabilities down the road until 2032. The independent audit reveals exactly how the city's budget crisis was temporarily patched using Wall Street windfalls and deferred obligations instead of tax increases on higher earners. Watch until the very end to see the full breakdown of how these delayed payments affect the city's long-term financial ledger. uRWWju5GFJ3 PqBzAGn75Qh cA5zyhEAYR3 OcqmDmjkAhg
New York City Comptroller Mark Levine has warned of a protracted cash crunch after the city administration decided to delay a massive $3.7 billion payment into the retiree health benefits trust. This multi-billion-dollar fiscal maneuver pushes the critical obligation back to December 2026, while a separate state-approved pension re-amortization kicks $900 million in annual liabilities down the road until 2032. The independent audit reveals exactly how the city's budget crisis was temporarily patched using Wall Street windfalls and deferred obligations instead of tax increases on higher earners. Watch until the very end to see the full breakdown of how these delayed payments affect the city's long-term financial ledger. uRWWju5GFJ3 PqBzAGn75Qh cA5zyhEAYR3 OcqmDmjkAhg