… got more information about the economic forecasts, and as we also took savings measures of our own. And so in that time, since, as I shared yesterday In Albany, that The $12 billion deficit is now one that we have been able to bring down to $7 billion. and that's in part because of the revenues, the Wall street bonuses, also an aggressive savings plan and a use of in year reserves. (13:13–13:29)
CLAIM
Asserts that the city's deficit was reduced from $12 billion to $7 billion.
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.
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