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Zohran Mamdani: “New Yorkers contribute 54.5% of state revenue and receive…”

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

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JUST IN: Zohran Mamdani Holds Press Briefing On Former NYC Mayor Eric Adams' Budget 'Crisis'

Published | Video Starts at 01:57

For over a decade, as he governed from Albany, former Governor Andrew Cuomo extracted our city's resources, using our revenue to address state level holes, while withholding from the city what it was owed. The result is a stunning fiscal imbalance. New Yorkers contribute 54.5% of state revenue and receive only 40.5% back. No part of this state gives more and gets less in return than New York City. While we did not create this crisis, we will solve it. (01:57–02:05)

CLAIM

Asserts that New York City contributes 54.5% of state revenue but receives only 40.5% in return.

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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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