… put forward an executive budget that accounts for none of the things we've talked about today. So just to reiterate what we're proposing, which I think is the next slide, We've proposed strengthening two different reserves that the city is holding, putting another billion dollars in the city's rainy day fund. against the risks of economic downturn or recession, but also to grow the city's general reserves by a billion dollars this year so that we have money in reserve to cover just the cuts I outlined here. (14:05–14:13)
CLAIM
Asserts a proposal to increase NYC's rainy day fund by a billion dollars.
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