City agencies need to find massive savings by March, Mamdani says 

NEW YORK CITY (PIX11) — Facing financial crisis, all New York City agencies are being asked to trim 1.5% of their budgets by March, Mayor Zohran Mamdani said Tuesday. Agencies have until March 20 to identify cost savings worth at least 1.5% of their budgets. Altogether, it’ll total $700 million, found through “efficiencies, program consolidation [...]