… our city facing a generational fiscal crisis the likes of which we haven't seen since the Great Recession. And unlike the Great Recession, this was not caused by external factors. This [fiscal crisis] was entirely man made and within the control of city government. Now we are inheriting this crisis and we are required by law to balance the budget of our preliminary budget for this fiscal year and the next one. (00:39–15:16)
CLAIM
Asserts that the current fiscal crisis was caused by the city government.
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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