New York City (NYC) Mayor Zohran Mamdani cast blame on former NYC Mayor Eric Adams for the city’s $12 billion deficit budget, stating that the city is facing a “serious fiscal crisis.”During a press conference on Wednesday, Mamdani accused Adams of underbudgeting important services that NYC residents “rely on every single day,” while “quietly leaving behind enormous gaps for the future.” Mamdani also accused former New York Gov. This is the ‘Adams Budget Crisis. In response to Mamdani’s press conference, Adams accused Mamdani of blaming him for the city’s budget deficit, because Mamdani “promised a laundry list of ‘free’ giveaways to buy votes, with no plan to pay for them.” Adams also claimed that he had left Mamdani “over $8 BILLION in reserves.”“In case anyone was wondering, this was the real motive behind today’s press conference,” Adams wrote in a post on X. “Mayor Mamdani promised a laundry list of ‘free’ giveaways to buy votes, with no plan to pay for them. Now that the math doesn’t work, instead of owning the fact that he misled New Yorkers, he’s blaming me.”“Let’s be clear,” Adams added.