And that's because we are inheriting an administration of fiscal mismanagement from the prior admin as well as former Governor Cuomo's decades long attack on the city's coffers. And together What those things have done is deliver this bill of health that shows about a $12 billion deficit over two fiscal years. How do you solve it? I continue to believe that we solve it in a number of ways. The first is that we have to raise revenue. (06:45–06:52)
CLAIM
Asserts that there is a $12 billion deficit over two fiscal years.
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