Karen Bass: “Turmoil and uncertainty from Washington and a slowing…”

“But the reality is our city faces a more than an 800 million dollar deficit. Cities like ours are going through challenging economic times. Across the nation. Turmoil and uncertainty from Washington and a slowing economy are causing lower revenue projections to the tune of hundreds of millions of dollars. Liability settlements have tripled from backed up lawsuits during the pandemic and uncapped damages combined with personnel costs and of course, the fires and rebuilding altogether.” (35:01–35:14)

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.