Zohran Mamdani: “These expenses not only totaled nearly $8 billion, they're…”

“Last year when he laid out his January and May financial plans, he not only failed to budget sufficiently, he ignored projections that indicated major expenses would rise in years to come. These expenses not only totaled nearly $8 billion, they're on an upward trajectory. And still former Mayor Adams refused to incorporate them, leaving a massive $3 billion hole in fiscal year 2026.” (04:02–04:08)

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.