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Zohran Mamdani Proposes Cutting Federal Spending, Deregulation

By Drooid · Sep 20, 2026, 3:22 PM UTC · How we work

Summary

Story summary

Zohran Mamdani proposes cutting federal spending to balance the budget and lower costs.
He says Washington’s spending has created a $40 trillion debt and $1 trillion yearly interest.
He claims the debt fuels multi-trillion-dollar deficits that raise prices and rates.
He urges slashing regulations, citing removal of 5,000 rules in Florida.
He says deregulation cut permitting from months to days and added 1.7 million jobs.

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Story summary

Zohran Mamdani proposes cutting federal spending to balance the budget and lower costs.
He says Washington’s spending has created a $40 trillion debt and $1 trillion yearly interest.
He claims the debt fuels multi-trillion-dollar deficits that raise prices and rates.
He urges slashing regulations, citing removal of 5,000 rules in Florida.
He says deregulation cut permitting from months to days and added 1.7 million jobs.