Influx of immigrants: NYC may face $7 billion budget deficit in a couple of years

New York: New York City Mayor Eric Adams has warned of a potentially serious economic crisis in the near future due to the unprecedented influx of immigrants, saying if the federal government does not provide funds as required, the New York City government may face a deficit of $7 billion, that may prompt the administration to go for considerable cuts in the budget of some key civic departments.

Adams revealed this at a press conference at City Hall. He said that more than 124,000 immigrants have arrived in the city, and the number of immigrants is increasing by 2000 to 4,000 every week.

“Considering the situation, it is estimated that if this grim situation continues for one and a half years, we will need funds of $12 billion during the next two years to deal with the problems. If the federal government does not provide funds as required, the city government may face a deficit of $7 billion,”  the Mayor said.

The mayor added that the city administration is following the federal government’s policy for the arrival of immigrants and their care, but due to the unusual arrival of refugees, the budget of the city government has become unbalanced.

If necessary, the police department, fire department, and sanitation department may face cuts next year. Therefore, the federal government has a responsibility to help New York City in the current situation.

The mayor was asked if the civic services are being affected by the budget cut, so will he contact the federal government, the mayor said that the consultation on the whole situation is going on.

Every time I have been to Washington, I have presented the problems caused by the unprecedented influx of immigrants like limited resources, budget imbalances, and requested them to resolve problems.

He said the Federal government should play its role for the influx of immigrants.

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