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Zohran Mamdani: “New York City's portion of the state's GDP has grown by…”

Featuring: Zohran Mamdani, Democratic | Mayor of New York City

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WATCH LIVE: NYC Mayor Zohran Mamdani reveals preliminary budget proposals | NBC New York

Published | Video Starts at 10:52

Because, as we know, New Yorkers contribute 54.5% of state revenue but receive only 40.5% back. At the same time, New York City's portion of the state's GDP has grown by nearly 10% since 2010. That imbalance is untenable. Once again, I am calling for Albany to end the drain. There is no third option of failing to balance the budget by law. (10:52–10:58)

CLAIM

Asserts that NYC's GDP portion has grown by nearly 10% since 2010.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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