NEW YORK — New York City Mayor Eric Adams delivered some good budget news Tuesday. In a bit of irony, that stands to reduce his political capital.

The outspoken Democrat spent more than a year telling leaders in Washington that absent funding and policy changes at the border, New York City would be economically crippled from the costs associated with caring for asylum-seekers.

On Tuesday, however, Adams announced a balanced budget of $109.4 billion for the upcoming fiscal year, with the help of $3 billion in better-than-expected tax revenue, $1.5 billion in anticipated state aid and a $1.7 billion drop in projected costs of sheltering migrants.

As a result, Adams dramatically scaled back his threatened service cuts.

While the rosier budget picture could counteract some of the mayor’s record-low polling numbers, it worsens his negotiating position with Washington.

“It further undermines the argument because now he can’t even say: ‘Your bad........

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