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Andrew Cuomo: “New York State was the first to pass $15 minimum wage. It…”

Featuring: Andrew Cuomo, Democratic | Former Governor of New York

'If You Want An Experiment With Socialism, Go Visit Chicago And Tell Me How It Worked Out': Cuomo

Published August 11, 2025 | Video Starts at 11:24

Government should now go into new private sector enterprise? It makes no sense. And again, why are you coming up with proposals that once again have taxpayers subsidizing rich people on wages? You know, New York State was the first to pass $15 minimum wage. It was the highest in the United States. I was very proud as governor to do that. They then added a COLA adjustment to it, but it hasn't kept up with the cost of inflation. (11:24–11:30)

CLAIM

Asserts that New York State was the first to pass a $15 minimum wage, the highest in the U.S. at the time.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Andrew Cuomo

“50% of working age households can't meet basic needs.”
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“Cost of goods in New York City metropolitan area rose by 56% over the past decade.”
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“In New York, it's about 3.4 million riders on subways, about 1.3 million riders on buses.”
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“40% of New York City adults live in households at risk for food insecurity.”
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“14.6 of New York City residents are food insecure.”
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“It saved over $30 billion to homeowners.”
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“Eleven budgets passed on time hadn't been done in modern political history.”
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“New York, as we discussed, is a comeback capital.”
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“I propose a 100% subsidy for low income New Yorkers on both buses and subways.”
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“Low income defined as 150% of FPL federal poverty level.”
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“20% in the Bronx [are at risk for food insecurity].”
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“The Bronx in many categories is the borough that has more problems and problems of a greater magnitude than any other borough.”
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“My proposal is food subsidy for low income families who are not eligible for SNAP, but who still have hardship.”
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“SNAP is a federal Supplemental Nutrition Program which would be from 130% to 150%.”
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“My proposal is a $20 minimum wage, $17 in 2026.”
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“I believe 1 million workers will benefit and it will be a stimulative initiative.”
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“I would eliminate the New York City income tax for families making up to 250% of FPL.”
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“I would also cap New York City homeowners property tax at no more than 2% a year or the cost of inflation.”
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“I passed a 2% property tax cap [for the rest of the state].”
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“I proposed a tax increase in 2021. That was my proposal. That was in my budget proposal that went to the legislature.”
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