We are looking at every which way we can to bridge a $5.4 billion fiscal deficit. And as part of our path of reducing the 12 billion to this point, We have a very aggressive savings plan, one that we anticipate, as we showcased, will yield around $1.7 billion over two fiscal years. And what we are doing in that savings plan is not just interrogating the efficiencies, the potential to eliminate waste, as well as pulling the city back from its instinct … (30:47–30:56)
CLAIM
Asserts that the savings plan is expected to yield $1.7 billion over two fiscal years.
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