Zohran Mamdani: “This is the largest fiscal deficit that our city has seen…”

“Does that keep you up at night? It is definitely a source of anxiety for any of us who are here in city government because This is the largest fiscal deficit that our city has seen since the Great Recession. And frankly, it dwarfs even that. We have brought that deficit down to $5.4 billion. And it is now the subject of conversations we're having with our partners at the state level in Albany.” (05:25–05:30)

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.