"NYC Mayor Eric Adams Announces $2 Billion Medical Debt Relief for 500K Residents"

NYC Mayor Eric Adams announced a $2 billion medical debt bailout plan to pay off the medical debt of up to 500,000 residents using $18 million in taxpayer funds over the next three years. The initiative, in partnership with RIP Medical Debt, aims to erase medical debt owed by New Yorkers, addressing a significant issue that often leads to financial burden and bankruptcy. This program is considered the largest municipal initiative of its kind in the country and will provide relief to those struggling with medical debt.