… we introduce it, whether it be the preliminary budget, the executive budget, or the adopted budget. And we inherited a fiscal deficit of about $12 billion when I took office. The actions we took reduced that $12 billion to about $7 billion. The governor's commitment to the health and vitality of our city translated into a $1.6 billion commitment that then reduced that 7 billion to 5.4 billion. (24:10–24:15)
CLAIM
Asserts that actions taken reduced the fiscal deficit 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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