Zohran Mamdani: “The cost of childcare is $20,000 a year.”

“Our Commissioner of Small Businesses Services, New Child here. 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 that is $334,000 a year. That would have been considered an unbelievable amount of money.” (42:32–42:36)

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.