Zohran Mamdani, the Democratic candidate in the NYC mayoral race, will need billions of dollars to fund his agenda, including a $30 minimum wage, but it isn’t clear he will be able to deliver

The Wall Street JournalWednesday, October 22, 2025 at 2:00:00 AM
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Zohran Mamdani, the Democratic candidate in the NYC mayoral race, will need billions of dollars to fund his agenda, including a $30 minimum wage, but it isn’t clear he will be able to deliver
Zohran Mamdani, a Democratic candidate in the New York City mayoral race, is proposing an ambitious agenda that includes a $30 minimum wage and free child care. However, he faces the challenge of securing billions of dollars to fund these initiatives, raising questions about the feasibility of his plans. This matters because it highlights the ongoing debate about economic policies and the future of urban governance in one of the largest cities in the U.S.
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