She's sort of right to be pissed, I doubt simply cutting the budget or moving it elsewhere will result in the kind of reform the protestors want. If anything it will probably result in increased stress and tension for the officers, not good for their relations with the public.

From separate sources I've gathered that more than $5B of the $6B NYPD budget goes directly to the payroll, and de Blasio said something about "improving overtime" so we will almost definitely be seeing less officers on the streets.

As much as we want to tie the department cuts to the protests, they are probably necessary because of the economy.