Whitney Tilson: “10% of our city budget is federal funding.”

“But my job is to serve the people of New York and that sometimes involves not provoking a childish person, but one who unfortunately holds a lot of power and our 10% of our city budget is federal funding. I actually view not being a politician as a feature, not a bug. It is possible to hire people into administration, of course, who have the experience of running a big bureaucracy.” (01:53–01:57)

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.