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"Do you know how many working families are chased out of New York City every day because they can't afford housing, they can't afford groceries, they can't afford groceries?" said the Democratic senator.
Before joining New York City mayoral candidate Zohran Mamdani at an event focusing on childcare in the largest city in the U.S., Sen. Elizabeth Warren appeared on CNBC where she feigned concern for New York's richest residents—those who aren't being centered in Mamdani's campaign focused on making housing, groceries, and other essentials more affordable for the city's working class.
"Oh dear, are you worried that billionaires are going to go hungry?" the Massachusetts Democratic senator asked anchor Dan Faber when he inquired whether raising taxes on the richest residents is how Mamdani's far-reaching economic justice initiatives should be funded.
Faber responded that rich New Yorkers will leave the city if Mamdani becomes mayor and succeeds in establishing city-owned grocery stores and universal childcare by raising the corporate tax rate to 11.5%—the rate that already exists in neighboring New Jersey and that would raise $5 billion—and instituting a 2% tax on households earning above $1 million annually.
"Do you know how many working families are chased out of New York City every day because they can't afford housing, they can't afford groceries, they can't afford groceries?" Warren asked Faber.
She later added that billionaires have repeatedly threatened to leave the city at various times. Real estate brokers have expressed doubt that wealthy New Yorkers like Gristedes magnate John Catsimatidis and hedge fund manager Bill Ackman will follow through on their threats, and state tax data has shown that recent shocks like the coronavirus pandemic and tax code changes have not pushed the rich away.
Data also backs up Mamdani's warnings that more and more families in New York are having an increasingly hard time affording life in the city, with Columbia University and the anti-poverty group Robin Hood reporting earlier this year that 1 in 4 New Yorkers can't afford essentials like housing and food.
"You want to have a workable city?" asked Warren. "You want to have a city that's vibrant, you want to have a city where the streets are full, where there are things for sale 24 hours a day, then you need people who can live here and work here."
Warren's comments preceded her appearance with Mamdani, currently a state assemblymember who represents parts of Queens, at the headquarters of District Council 37, the city's largest public employees union, where they spoke about childcare challenges for families in New York. Parents in the city pay nearly $3,000 per month on average for full-time childcare, and more for an infant.
"We know that it is our responsibility to move beyond the broken politics of the past, of our city and our state, and start to offer an alternative across this country to what it could look like to be a people that fight for the families that raise us," said Mamdani at the event.
The progressive candidate has pledged to make childcare free for all New York City families with children aged 6 weeks to 5 years.
Warren said at the event that following Mamdani's surprise victory against former Gov. Andrew Cuomo in the Democratic primary in June, the city "is the place to start the conversation for Democrats on how affordability is the central issue, the central reason to be a Democrat, and that delivering on it in meaningful, tangible ways that will touch working families is why we're here."
The senator endorsed Mamdani days after his primary victory—a step that powerful establishment Democratic figures in the assemblyman's home state, such as U.S. House Minority Leader Hakeem Jeffries, Senate Minority Leader Chuck Schumer, and Gov. Kathy Hochul—have yet to take.
"The way I see it, Zohran ran a campaign that inspired people, that actually got people on their feet," said Warren on Monday. "And the issue he focused on? Affordability."
Mamdani's primary success, said Warren, raises the question: "Why are billionaires and Wall Street CEOs pouring millions of dollars into a race to stop Zohran?"
In an article in Rolling Stone, the senator noted that Mayor Eric Adams—who is running as an independent and is currently in fourth place in general election polls, with just over 12% of the vote compared to Mamdani's 35%—"raised $1 million in a single night from donors with ties to big law firms, commercial brokerages, and big real estate developers who could lose their iron-fisted grip on New York in a Mamdani administration."
Ackman has also played Cuomo and Adams against each other, she wrote, holding "back-to-back meetings" so the candidates could "tap dance for the 'hundreds of millions of dollars' he has said he will spend" to defeat Mamdani.
"In a democracy, billionaires should not be able to buy our elections and control our politicians," wrote Warren. "Elected officials should work for their constituents, not use their government offices to hand out favors to a well-connected few."
Mamdani, she said in a video posted on social media, is "not afraid to take on the billionaires and the giant corporations to make New York more affordable."
"All across the country we showed that when our families stick together, we are powerful," one organizer said.
Tens of thousands of people in more than 225 towns and cities across the U.S. came out on Saturday as part of the Families First National Day of Action to protest Trump administration and Republican policies that defund the safety net while funneling unprecedented amounts of cash toward immigration enforcement.
The day of action came around three weeks after the U.S. House passed and President Donald Trump signed a budget bill that would strip 17 million of Americans of their health insurance and 2 million of their food aid while making Immigration and Customs Enforcement the highest-funded federal law enforcement agency in U.S. history.
"Yesterday marked the 35th anniversary of the Americans with Disabilities Act. And we are just days away from the 60th anniversary of Medicaid and Medicare at the end of this month. These policies represent a promise we made to each other: that no matter the ups and downs of life, our ability to take care of our families, from one generation to the next, should be supported," Ai-jen Poo, executive director of Caring Across Generations and president of the National Domestic Workers Alliance, told Common Dreams on Sunday.
"But a big ugly budget bill just passed," Poo continued, "that breaks that promise by making historic cuts to programs like Medicaid, Medicare, and SNAP, by using our tax dollars to stoke fear and rip families apart simply due to their immigration status. This is not what families want, and those who passed it must know that the vast majority of us want our tax dollars to go to healthcare and food, a safety net for families, supporting public funds for families, health, food, and the economic security for all of us, not billionaires."
"To show our power and resolve for a better future we came out in the thousands all across the country."
Families First is a coalition made up of over 75 organizations including Caring Across Generations, National Domestic Workers Alliance, MoveOn, Community Change Action, MomsRising, Planned Parenthood, People's Action Institute, Family Values @ Work, Families Over Billionaires, Fair Share America, Working Families Power, and labor unions like the Service Employees International Union (SEIU); American Federation of State, County, and Municipal Employees; American Federation of Teachers; and the National Education Association.
"To show our power and resolve for a better future we came out in the thousands all across the country, hosting over 225 events where we peacefully protested, to show the intergenerational face of those of us prepared to hold the ones who passed this bill accountable every day, and to take action. From spelling out the word 'familia' on the beach in California, taking a Medicaid Motorcade through the state of Indiana, to a rally in D.C. on the National Mall at the seat of power," Poo said.
Here are some highlights from Saturday's day of action.
On the National Mall across from the U.S. Capitol building, organizers capped a 60-hour vigil opposing Medicaid cuts with a rally at 12:00 pm ET.
Jennifer Wells, the director of economic justice at Community Change, spoke at the rally on the important role that Medicaid and the Supplemental Nutrition Assistance Program (SNAP) played in her life.
"I'm here both as an advocate and organizer and as someone who has lived the realities we're fighting to change, as a person who has been directly shaped by the programs that are currently under attack," Wells said. "I was a Medicaid kid, I was a SNAP kid. These programs kept me and my mom and my brother healthy, alive, and moving forward when we had nothing to fall back on."
Families gathered in Newark's Military Park to protest the budget cuts.
"Congress is helping the rich get richer while cutting healthcare, education, and support for working families," New Jersey Citizen Action wrote on social media. "We're making sure everyone knows who's responsible. We're fighting for a country where every child is cared for, no one goes hungry, and we all have access to the healthcare we need to live."
The Indiana Rural Summit planned a "Motorcade for Medicaid" to drive by rural hospitals across the state.
"We're using the event as a touchpoint to demonstrate the importance and value of local hospitals that are at risk of closing because they have historically relied on Medicaid for financial viability," organizer Michelle Higgs told The Republic. "We want to amplify the voices of those who are impacted, whether they're disabled, have a chronic illness, or are elderly."
Union members took to the streets from Miami, Florida to Seattle, Washington.
SEIU members marched in cities including Tampa; Orlando; Miami; Washington, D.C.; Allentown, Pennsylvania; New York City, Boston; and Las Vegas. Meanwhile, hundreds of union workers protested in downtown Seattle.
In Connecticut, SEIU members marched to the Brennan Rogers Magnet School, which closed due to a state funding shortfall.
"Cleaners, healthcare workers, construction workers, we are the ones that make this country run and we ask for no special privileges in return. but we are under attack," Ciro Gutierrez, a 32BJSEIU Connecticut commercial member, said.
Reflecting on the day of action, Poo concluded: "All across the country we showed that when our families stick together, we are powerful. When we share our stories, we break through. When we stand side by side—from small towns to big cities—we can't be ignored. And we won't be divided."
"The president promised to lower costs on day one, and by that standard, he's broken that promise and has made choices that will cost families thousands of dollars a year," said one policy expert recently.
The Trump administration has made its desire for Americans to expand their families well known, but a new survey out Monday details how a growing number of people are postponing such major life decisions—including having children, buying a home, or expanding their education—due to the economic anxiety created by President Donald Trump's policies.
The Harris poll was conducted on behalf of The Guardian between April 24-26, in the wake of the news that the White House was considering multiple ways to encourage people to have more children. The proposals being floated by "pronatalist" advisers include a $5,000 "baby bonus" that the administration would offer to people when they have a new baby—which would cover less than half of the average annual cost of childcare in the United States.
The survey suggested that the proposal was not enticing to would-be parents in the U.S., with 65% of people who had previously planned to have a child in 2025 reporting they were now holding off on the decision. Thirty-three percent said they were not comfortable expanding their families in the current economy, and 32% said they were unable to afford having a child.
Trump has imposed and rolled back various tariffs several times since taking office; the White House announced Monday that reciprocal tariffs with China were being paused for 90 days while the two countries try to work out a trade deal. Tariffs on Canadian and Mexican goods are partially in effect, and the administration has also imposed tariffs on aluminum and steel imports, cars, and car parts.
The U.S. economy contracted in the first quarter, with the gross domestic produce declining at an annual rate of 0.3% after having climbed by 2.4% in the final quarter of 2024.
For Americans, the tariffs have meant higher prices for items like toys, children's clothes, household tools, and washing machines.
As Common Dreams reported last week, despite Trump's proposal of a "baby bonus," Groundwork Collaborative executive director Lindsay Owens has termed the tariffs a "baby tax"—directly causing essentials like strollers, high chairs, and cribs to cost more.
"The president promised to lower costs on day one, and by that standard, he's broken that promise and has made choices that will cost families thousands of dollars a year," said Groundwork Collaborative fellow Michael Negron told a U.S. House committee last week.
Nearly 80% of people surveyed said they've experienced higher grocery prices since Trump took office—despite the fact that he explicitly promised his presidency would swiftly bring about a lower cost of living—and 60% said they noticed their monthly bills going up.
The Harris poll found that 66% of people are now putting off making large purchases like cars or home appliances under Trump's economy, and three-quarters of those who had previously been hoping to buy a home are postponing that purchase.
Mortgage rates are currently 6.7%—more than double what they were four years ago.
CNN reported last month that although interest rates on home loans have been falling, "President Donald Trump's scattered approach to tariffs and an escalating trade war with China has injected volatility into the stock market, and resulted in a sell-off in U.S. bonds last week."
Sixty-eight percent of Millennial and Gen Z renters—those in their 20s, 30s, and early 40s—said they had a goal of buying a home, compared to 29% of older renters, suggesting that the major life decisions of younger Americans are being most affected by the Trump administration.
The Harris poll also asked respondents if they believed the economy is worsening, and found a partisan divide: 33% of Republicans said yes compared to 73% of Democratic voters who agreed.
But among Independents—44% of whom supported Trump in the 2024 election, according to a post-election survey—64% agreed with the majority of Democrats about the economy's trajectory.
Nearly a third of respondents said they believe Trump's tariffs will cause the most harm to their household finances, despite the president's claims that the tariffs will "make America wealthy again."
During his testimony last week, Negron said that higher prices on essential goods and services "are the types of things that you would expect to hear when you look at what experts have said, that [tariffs are] going cost anywhere from $4,500 to $5,000 more for the average household once they're fully in effect."
"When you look at the promises to lower prices," he said, "the administration is not living up to them."