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Zohran Mamdani: “We spoke about the $12 billion that we saw as the fiscal…”

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

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WATCH LIVE: NYC Mayor Zohran Mamdani reveals preliminary budget proposals | NBC New York

Published | Video Starts at 27:41

And it is a fiscal crisis that will require attention to structural fixes. So when we first came forward in this blue Room, We spoke about the $12 billion that we saw as the fiscal deficit in line with comptroller's assessments. That was a $12 billion deficit after the assumption of $4 billion in increased revenue on top of the November 2025 plan. (27:41–27:48)

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Asserts the initial fiscal deficit estimate in line with comptroller's assessments.

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Zohran Mamdani

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