Businesses are leaving, Wall street is leaving. The fact that they're going to Palm Beach And Dallas and Salt Lake City and Atlanta. That is a big problem for New York long term. The spending in this state [New York] has increased by $100 billion in 10 years. That's insane. You can't sustain that, especially when your tax base is leaving you. Look at a housing crisis, an energy crisis. They banned natural gas, blocked pipelines, shut down Indian Point. (21:50–21:56)
CLAIM
Asserts that New York's state spending has increased by $100 billion over the past decade.
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.
