New York is on the verge of bankruptcy due to the influx of immigrants.
According to Al-Mayadin, the mayor of New York, Eric Adams, warned about the risk of bankruptcy of the city due to the monthly influx of 10,000 refugees and immigrants.
Adams said during a public meeting with local New York officials that the city is currently suffering from a budget deficit that has so far reached $12 billion and that if the influx of immigrants continues, the city will be on the brink of “inevitable bankruptcy.”
He noted that the continued influx of refugees from across the southern border and nearby cities into New York will negatively affect the services provided to everyone in the city.
Last March, the New York Times reported that immigration in major US cities had tripled even as population growth declined.
The number of immigrants in 20 of America’s most populous cities nearly tripled between 2021 and 2022, new census data shows, as immigration across the country returns to pre-pandemic levels.
