Ed Koch coming in because of the fiscal control board at Felix Rollington, Felix Victor Galbaum, who invested their monies to keep the city afloat. We are on the cusp of fiscal insolvency because of three things. Eric Adams, who is corrupt, the state, which has a $34 billion gap. Talk to Tom DiNapoli, who said we got to close it, and Washington, who keeps tightening the screws. (04:23–04:33)
CLAIM
Asserts that New York City is nearing fiscal insolvency due to Eric Adams' alleged corruption and a $34 billion state budget gap.
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.