What does it look like and how do you convince lawmakers? I think the fix is that New York City would be delivered what it is owed. We are speaking about a gap on an annual basis of about $8 billion as to the difference between what the city contributes to the revenues of the state versus what it receives back from the state. And what we have now is an opportunity to not only resolve this fiscal crisis, but also to put ourselves back on the firm fiscal footing that the city has been denied for many years. (22:05–22:18)
CLAIM
Asserts an $8 billion annual gap between New York City's contributions to state revenues and what it receives.
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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