Zohran Mamdani: “Total expenditures of $122.3 billion for this fiscal year…”

“And then other than personal service, we see the subtotal of about 59.2 billion this fiscal year, 56.5 in the next fiscal year. All of those things added together with addition to the reserves as well, we find the Total expenditures of $122.3 billion for this fiscal year, 127 billion for the next fiscal year. The gap to be closed in 26 is 0 and 27 is 0 as required by law, and then the gaps in the out years.” (21:31–21:39)

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