“We are reviewing OMB’s PEG letter and seeking further details on the additional proposed spending reduction efforts. There remains an urgent need for increased state and federal support to aid the City’s response to increased international migration. Tens of thousands of people seeking asylum are arriving in our city at a time when we are already confronting a housing crisis, record homelessness, and the sunset of federal COVID stimulus funds. New York City cannot be expected to handle this on our own. The costs are considerable, and it is critical that the city receives more aid, while safeguarding funding that supports New Yorkers. The future of our city and its continued economic recovery relies on the investments we make into our communities and the essential services they rely on.”