Zohran Mamdani: “The amount of money that you need to make to be able to…”

“If we can have a round of applause for our littlest, our littlest baby. And this is now sad news, but the cost of childcare is $20,000 a year. The amount of money that you need to make to be able to afford [childcare] is $334,000 a year. That would have been considered an unbelievable amount of money. And yet what we see today is that this is a cost that is hitting every New Yorker.” (42:36–42:44)

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.