Zohran Mamdani: “It's a crisis purely of city government's making not one of…”

“And it is the kind of fiscal deficit the city has not seen for a generation dwarfs even that of the Great Recession. What makes this distinct, however unlike the Great Recession is It's a crisis purely of city government's making not one of any external factors. It's an inability to budget in an honest way. To actually account for the expenses of what is in our city government services.” (16:46–16:54)

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.