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Zohran Mamdani: “We were able to bring that down to $5.4 billion [budget…”

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

Zohran Mamdani on his relationship with Trump and his vow to tax the rich: Full interview

Published April 19, 2026 | Video Starts at 01:36

When we first came into office, we were looking at $12 billion. And thanks to the work that we did, the savings, the allocations of our reserves, the commitment from the governor, We were able to bring that down to $5.4 billion [budget shortfall]. Now what we're seeing is the importance of not just finalizing the city budget process, but the state budget process. (01:36–01:46)

CLAIM

Asserts reduction of budget shortfall to $5.4 billion.

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Zohran Mamdani

“We currently have the slowest buses in the United States of America.”
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“The federal administration has spent upwards of $28 billion killing thousands of people in the Middle East.”
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“We've delivered the lowest recorded murders in New York City history, the joint lowest recorded shootings in New York City history.”
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“On day eight, we announced a $1.2 billion agreement with Governor Kathy Hochul to put our city on the pathway to universal childcare.”
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“We are not only providing free childcare for every three year old in the city, we're now doing it for two year olds as well.”
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“By the end of our first term, we will see every single two year old receiving free child care across the five boroughs of New York City.”
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“When we first came into office, we were looking at $12 billion [budget shortfall].”
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“We will be pursuing a pied a terre tax, which will be a tax on the properties of the wealthiest.”
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“It will raise half a billion dollars for New York City and it will do so on an annual basis.”
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“We filled all six [vacancies on the rent guidelines board].”
Zohran Mamdani on his relationship with Trump and his vow to tax the rich: Full interview | Uploaded April 19, 2026 | 02:46-02:48
“We are speeding up buses for more than a million New Yorkers putting back up to six minutes back into their lives each trip.”
Zohran Mamdani on his relationship with Trump and his vow to tax the rich: Full interview | Uploaded April 19, 2026 | 02:57-03:05
“By the end of this first year, what we're going to see is us delivering these 2000 free childcare for 2 year olds across New York City.”
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“Deliver the first steps to universal childcare, filling in 102,000 potholes, changing 6,700 catch basins, repaving more than 1,000 miles of…”
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“It's going to be 12,000 by the end of next year, every single two year old.”
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“20% increases in speed across 45 priority corridors.”
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“We have one bus route free in New York City right now.”
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“These are not free groceries. These are cheaper groceries.”
Zohran Mamdani on his relationship with Trump and his vow to tax the rich: Full interview | Uploaded April 19, 2026 | 04:48-04:52
“We're talking about five grocery stores in a city that has more than a thousand.”
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“They will see full universal childcare for two year olds by the end of the first term.”
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“We're talking about $20,000 a year that a family won't have to shell out for childcare any longer.”
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“That pied a terre tax, that is an agreement that we have to tax the wealthy.”
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“A pied a terre tax has been something that has long been fought for in this city, but hasn't been possible to get over the finish line.”
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“In New York City, as you said earlier, we have a legal obligation to balance the budget.”
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“5.4 billion, as you said. Now, I can't put forward an accounting statement and just say 5.4 billion.”
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“The pied a terre tax is an incredible step.”
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“ICE detained a Columbia University student as part of a larger trend of five individuals being detained in or around Columbia University.”
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“New York City is the most expensive city in the United States of America.”
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“Major Crimes are down by more than 9% [in New York City].”
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“I want to make very clear. I think that October 7th was a horrific war crime. I think that Hamas, Hamas is a terrorist organization.”
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“I think it's disgusting and I think it's a reflection of a kind of bigotry that frankly, frankly isn't just confined to a Republican Party…”
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“I'm very thankful to have hard working men and women of the NYPD who keep me safe and keep New Yorkers safe each and every day.”
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“Democracy should extend from the ballot box to the rest of our lives.”
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“The worth of an ideology can only be judged in its delivery.”
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“It is focused on the needs of working people.”
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