Zohran Mamdani: “Council Speaker Julie Menon's plan claims to close the…”

“Back in January, we explained how the budget process worked. Well, my friends, we're in the middle of it now. Council Speaker Julie Menon's plan claims to close the city's $5.4 billion fiscal gap without taxing the rich or cutting services. The problem is, that's not what it would do. If her proposal was adopted, it would result in slashing billions of dollars from agency budgets, and working New Yorkers would pay the price.” (00:08–00:15)

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.