New York City can't do too much about any of those things, but we can budget and plan for them. And so that's part of why, you know, the, The rainy day fund ideas, if we continue to get hit, at least to have some money there to cover, would be wise. I wish we had ideas for what New York City could do on its own because the city thrives from international tourism and as an international city, but we don't get to set those policies. (42:48–42:57)
CLAIM
Asserts that maintaining a rainy day fund is a wise strategy for New York City to cover potential financial hits.
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.
