Zohran Mamdani: “It would cost $700 million a year to make the slowest buses…”

“The proposal that we have put forward addresses the fact that today, in the wealthiest city in the wealthiest country in the history of the world, one in five New Yorkers cannot afford the bus fare. It would cost $700 million a year to make the slowest buses in the country fast and free. And by doing so, we would generate more than double an economic, economic revenue for New Yorkers across the city.” (1:31:17–1:31:24)

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.