We just want to be honest and transparent with New Yorkers. We're talking about a generational fiscal deficit, as you said, inheriting what was $12 billion. And Thanks to the work that we've done in terms of savings, in terms of utilizing our reserves, we've brought that down to $5.4 billion. also in partnership with the governor's commitment to this city. And now over these next few weeks and months, our job is to bring that down to zero. What's the plan? (02:33–02:41)
CLAIM
Asserts that the fiscal deficit was reduced from $12 billion to $5.4 billion.
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