Eric Adams: “Paying off medical debt, the number one cause of bankruptcy…”

“First, the affordability issue. I can't decrease the cost of bread, but I could put bread in your pockets. We put $30 billion back in the pockets of New Yorkers. Paying off medical debt, the number one cause of bankruptcy in the city. reducing the cost of transit and reduced Fair Metro cards. We just passed an ax, the tax initiative. No income tax for low income.” (42:13–42:18)

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.