Because as we all know, this is both the wealthiest city and the wealthiest country in the history of the world. And it's a city where One in four New Yorkers are living in poverty. And so what we are looking to do is put our city back on a firm financial footing that also allows us to tackle the affordability crisis. (44:36–44:39)
CLAIM
Asserts that 25% of New Yorkers live in poverty.
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.