Zoran Mamdani

We want to show that not only can government work, but it must, and that at its core, our responsibility is to working people to ensure that we're doing everything to make their lives easier.

That has to be what drives our actions.

And for too long, government has felt more like a distraction than actually a fulfillment of the needs of the people who've been left behind by the politics of today.

Thank you, my friend.

Real pleasure to be back on.

Okay.

New York, it's executive budget season.

I'm proud to announce that our city's budget is fully balanced.

Thanks to Governor Hochul, State Senate Majority Leader Andrea Stewart-Cousins, Assembly Speaker Carl Hastie, and months of organizing from New Yorkers, we tax the rich.

That tax alone will raise half a billion dollars per year.

And that's not all.

Well, today, we're taxing the rich.

I'm thrilled to announce we've secured a pied-à-terre tax, the first in New York's history.

This is an annual fee on luxury properties worth more than $5 million, whose owners do not live full-time in the city.

Like for this penthouse, which hedge fund CEO Ken Griffin bought for $238 million.

It's not surprising then that they get better if they cling to guns or

It has proven its capabilities and strength.

Therefore, a new phase of cooperation between Iran

New York City faces a budget crisis of a historic magnitude.

We inherited a deficit larger than any since the Great Recession.