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Eric Adams on Budget & Economy

 

 


Save $1.5B by instituting two year hiring freeze

We will save $1.5B and avoid layoffs by simply not hiring anyone new for two years. We can significantly reduce labor costs by $1.5 billion through attrition by not replacing retiring or resigning essential City workers and working with the State to offer early retirements to others over the next two years. This will also allow us to significantly cut costs while retaining the workers we need to deliver vital City services.
Source: 2021 NYC Mayoral campaign website EricAdams2021.com , Jul 7, 2021

Use incentives to attract life science business to NYC

Make NYC the life sciences capital of the world. Life sciences is one of the fastest-growing industries in the world--and these companies want to locate in cities where they will have access to leading hospitals, universities and investors like New York City. To bring them here, we will double-down on the existing life sciences initiative with incentives and zoning changes that will draw in private investment and federal dollars for research.
Source: 2021 NYC Mayoral campaign website EricAdams2021.com , Jul 7, 2021

Other governors on Budget & Economy: Eric Adams on other issues:
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Curtis Sliwa
Zohran Mamdani

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