00:00On the first point, you know, I will just say that with Moody's outlook change, I think given the $5
00:06billion in additional funding that both the Senate and the Assembly put forward for the city in their one-house
00:12budget proposals, proposals that are being voted on today, I think that the decision to revise the outlook, frankly, is
00:20premature.
00:21I do acknowledge that they are maintaining the city's credit rating at AA2. The proposals that we're seeing from Albany
00:27reflect a real commitment to ensuring that we can bridge this inherited fiscal deficit and do so while continuing to
00:35invest in the city services that so many New Yorkers rely on.
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