Zohran Mamdani: “This preliminary budget increases city expenses by over $14…”

“This reflects our priorities education, healthcare, safety and the everyday functioning of the city that we love. This preliminary budget increases city expenses by over $14 billion. expenses that we have to fund because the Adams administration failed to. This includes $7.5 billion for the six under budgeted areas I mentioned earlier, including cash and rental assistance and shelter costs, and $5.85 billion to fund additional needs that were previously left unbudgeted.” (12:55–13:00)

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.