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Zohran Mamdani: “The city is facing $5.4 billion fiscal deficit.”

Featuring: Zohran Mamdani, Democratic | Mayor of New York City

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BREAKING: NYC Mayor Zohran Mamdani Unveils FY27 Preliminary Budget With Potential Property Tax Hike

Published | Video Starts at 48:15

I laid out the mechanisms by which we would do so. That continues to be the case. I continue to believe in the importance of that. What I am addressing today is The city is facing $5.4 billion fiscal deficit. that is critical for the city to be able to address by the time that it adopts its final budget. New initiatives that are not in this current budget plan. (48:15–48:29)

CLAIM

Asserts that the city is facing a $5.4 billion fiscal deficit.

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Zohran Mamdani

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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