Mayor Parker is staring down a big tax fight, a ‘housing D-Day,’ and potential federal cuts. Here are 6 takeaways from her budget address. Coming soon to City Hall: a big housing plan, and a major fight over taxes.

Mayor Cherelle Parker’s new $6.7 billion budget proposal features major cuts to some of the city’s marquee taxes while also funding a massive expansion of housing investment citywide. City Council will now debate before a final approval vote in June.

Mayor Cherelle Parker, in her second budget address, proposed borrowing $800 million for affordable housing programs and cutting the city’s business and wage taxes. The $6.7 billion spending plan, unveiled Thursday,