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Zohran Mamdani: “We do not have to raise property taxes, we do not have to…”

Featuring: Zohran Mamdani, Democratic | Mayor of New York City

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Mayor Mamdani Holds Press Conference to Make an Opioid Settlement Funds Announcement

Published | Video Starts at 31:36

The, the, the reason that we focus so much on getting that deficit number down to Zero is if we are to get there, then it means We do not have to raise property taxes, we do not have to make cuts, we do not have to raid our reserves. And that's why their partnership in getting that number down to zero is so critical, because it allows the city to finally be back on firm financial footing, something we haven't been on for quite some time. (31:36–31:44)

CLAIM

Asserts that if the budget deficit is reduced to zero, there will be no need to raise property taxes, make cuts, or use reserves.

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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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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