MAMDANI MONEY: Price tag on Mamdani's democratic socialist agenda draws scrutiny as backlash grows

Yeah, that didn't go well. New York City. Mayor Eric Adams and. booed and cursed at when he tried to. speak at an NYPD event this week in. Staten Island left the stage after less. than a minute. We're also hearing some. of his campaign promises he's now. fessing up essentially are going to cost. a lot more than he claimed in the.

campaign. Former NYPD Inspector Paul. Mauro standing by First in National. Correspondent Brian Yenus reporting live. on this from New York. Hi Brian. >> Hi Martha. Well, Democratic Socialist. Mayor Eric Adams said his agenda would. cost about $10 billion a year. Turns out. it's likely going to be more than that. Let's start with free universal child. care. The Center for New York City. Affairs estimates the cost at about up. to $9.3 billion a year. That's 55% more. than Eric Adams said. Most of that pays.

for his promise of teacher level. salaries for child care workers. Eric. Adams said he would raise $10 billion a. year mostly through new taxes on. corporations and millionaires. So far, he's projected to raise just about a. billion dollars a year from a new. pied-a-terre tax and state aid. The. problem is only the state can levy new. taxes and Governor Kathy Hochul has said. no. Well, sort of. She recently said yes. to a new pied-a-terre tax on second.

homes in the city. Hochul defended that. tax this afternoon. >> What I do support is saying that. those who are able to afford a second. home worth over $5 million but do not. make New York City New York City your. home, you're benefiting from police and. fire protective services and are. maintaining our roads and during. snowstorms and in the summer. So, why. aren't you contributing to this? So, I'm. asking you to pay their fair share. >> The question is how much more does the.

city really need? New York City's annual. budget is already $126 billion, bigger than the budgets of 46 states, eight times bigger than LA's budget, and. yet the city, Martha, is staring at a $7. billion deficit next year. >> Unbelievable. Unbelievable. And those people already. pay a huge tax to live in New York. without this other tax on top of it. And. I want to thank you guys both for being. here. Sunday night in America, always. Trey Gowdy, former House Oversight. Committee Chairman and federal.

prosecutor, the author of the great new. book, sure to be another number one best. seller for Trey Gowdy. It's called The. Sound of Regret. It is another novel and. mystery and crime story, which he is. amazing at from his own personal. experience, and it's out there this. month. Hi, Trey. Great to see you. >> Hey. Yes, ma'am. How are you? >> I'm doing well. I'm doing well. So, tell. me a little bit about what you think. about um this conversation that we've. just been having, and how far this is. going, and when you listen to Clinton. and Obama, that they sound really much.

more like conservatives generally sound. today. >> Well, and I think we have to be careful. because I have heard the word moderate. Democrat used a lot, and these DSA folks. do make them appear to be moderate, but. there's nothing moderate about the. normal traditional Democrat. It's just. these DSA folks are so unrecognizable. I mean, what they want to do, Martha, is. create an America that you and I don't.

recognize. Have you ever heard of a. dumber idea than to abolish prisons? Where's the Boston Marathon bomber going. to go? Where's Dylann Roof, who killed. nine black Christians in South Carolina? No wonder they don't do well among. African-American voters. African-American voters know we do need. police. >> let me ask you because Bernie Sanders is. out there saying this is not the Let's. play it. He He says this isn't what. they're. proponents of. So, watch this.

>> No serious person that I know who is. running for office believes in {quote}. defunding the police. In terms of doing. away with prisons, I hope the day comes, but that does not mean that there should. not be dangerous people. who who should be behind bars. Of. course, everybody agrees with that. Open. borders, no. >> What do you say to Bernie? >> Unfortunately, Bernie, everyone doesn't. agree with that. You have a Colorado. congressional candidate who wants open. borders. You have people running for the.

Senate that want to abolish the Senate. Have you heard of a dumber idea, Martha? I want to abolish the very institution. I'm running for. The fact that he seems. somewhat less crazy just tells you how. absolutely. lithium-inducing. these DSA candidates are. >> Let me ask you another topic quickly if. I can. Reports that President Trump is. leaning towards J.D. Vance and that he. was talking about that in the Oval. Office.

I know we're a long way from 2028, and. we may hear many different. you know, takes on that from the. president over that time period. But. what's your thought on that? >> Um you know, I've only talked to J.D. Vance once in my life. I I think Marco Rubio is doing a. fantastic job. The president from time. to time has been known to maybe change. his mind. I think he probably has to say nice. things about his vice president. But. look, if Marco Rubio runs, he'll be a. very formidable candidate.

>> And that's why we stay tuned. It's going. to be very interesting, and like all. these things, it'll probably be here. sooner than we think. Trey Gowdy, always. great to see you. Thank you so much for. joining us today. >> Yes, ma'am. You too. Thank you. >> Zohran Mamdani getting a taste of. reality from some New York City. residents who don't have liberal arts. degrees. It took less than a minute for. the mayor to be booed off stage at a. Staten Island event. It was a New York. Police Department event in fact. The. crowd letting him know they won't forget. his past demonization OF POLICE.

>> [screaming]. [cheering]. >> BUT SOMEONE MIGHT WANT TO SHOW BERNIE. SANDERS that video because he thinks the. defund movement is just a silly relic of. the past. >> No serious person that I know who is. running for office believes in {quote}. defunding the police. Do we need police.

reform? Do we need to get rid of racism. within police departments? Absolutely. Are there jobs that other people can be. doing in terms of mental health, drug. addiction that now falls on a cops. shoulders? Yeah, I think we should look. at that. In terms of doing away with. prisons, I hope the day comes. >> And yet Martha, a serious person, Adams. Donny, the mayor had to apologize for. past remarks on police on the story. >> Yeah, when he was running for mayor, he. said prior to running that the NYPD was. wicked, corrupt, and a major threat to.

public safety. He did apologize in the interview that. we did during that was in October of. 2025. I don't know who set him up for. this thing in Staten Island, but this is. the most conservative part of a very. blue city. And he went to this police. gathering. It was supposed to be happy. night out against crime, but if he. walked into that I don't know what his. staff told him about this event, but he. walked into it a place that was clearly. not going to be friendly and not going. to be happy to him. I know that Jessica.

Tisch, the commissioner of the police. department, she has very good will with. the members of the police force, but. they also know that he said he wasn't. going to cut numbers of New York City. police officers, but what he did do was. disband an entire class of incoming New. York City police officers who were. intending to join the force and they. were told like, "Sorry, we don't need. your help right now." So, this I I I blame his staff for putting. him in this situation. It's not a good. look and to get boot literally boot off. a stage in less than a minute is.

punishing and it says a lot about where. he stands. >> Yeah, you know, Harold, defund the. police, no, it is not a clarion call of. Democratic nominees, but a lot of these. candidates have statements in their. past. >> They do. Most most politicians do, but. I'll say this, I'm a believer in. personal. financial and political markets and. dynamics being at work. And what we saw yesterday. >> [laughter]. >> What? >> Nothing. >> What we saw yesterday was a political. market there in Staten Island, him.

getting booed. And him believing somehow or another you. could say these things about the police, you could have the posture he has before. the police. um and about their role in our in our. community and that people would just. accept it. I would remind him of a great Brooklyn. poet named the Notorious B.I.G. >> [laughter]. >> That was what I was trying to get you to. laugh at who once said. to never get high on your own supply. And if you believe you can go before an. audience of police officers and they're. just going to clap for your smiles. but your lack of policy and lack of.

commitment and funding for them. you're high on your own supply whether. it's a staff or him. You got to be. focused on a city, on our public safety. and producing results. And you finally. went before a crowd and told you how. they really felt. >> Yep. >> I wanted to see. uh housing affordability. and like a uh a greater kind of ability. for the the everyday person to. accomplish what they want to accomplish. And it it's nice to talk about it, but I. feel like it's not something that. we're we're seeing real change on.

>> I don't think that it's in our human. nature to be socialist. So, yeah, and I. mean, I'm Donny's not for me. >> All right, correspondent Brian Ennis. reports live from our New New York. bureau and as a lot of opponents of. Mondaire would say, socialism's not quite working, Brian. >> Yeah, hey John. It has been a rough week. for Mayor Zohran Mamdani. Tuesday, the. Democratic Socialist left the stage. after less than a minute and he was as. he was booed and cursed at at that NYPD. community event on Staten Island. It is.

the most conservative borough in the. city. He's also facing criticism over. his new pied-à-terre tax, fresh. accusations his anti-Israel rhetoric is. stoking anti-Semitism, and growing. questions about how Mamdani is going to. pay for his $10 billion. campaign agenda. Take a look here. Mamdani said he would raise $10 billion. a year mostly through new taxes on. corporations and millionaires. So far, he's on track for about a billion from a. new pied-à-terre tax and state aid.

Here's the problem. Only the state can. levy new taxes and Governor Kathy Hochul. has said no. She gave the city 1.2. billion over 2 years for child care. Beyond that, neither of them can say how. to pay for it all. Here's Hochul. defending the new pied-à-terre tax on. second homes though in the city. >> I did this to help the city of New York, which I also represent, get through a. financial crisis. Now, the mayor did. inherit a real fiscal mess and he had to.

plug a hole and I'm focused on keeping. the economic engine for our state and. the nation strong and viable. >> And the Mamdani agenda is looking like. it'll cost more than $10 billion a year. Start with free universal child care. The Center for New York City Affairs. estimates the cost at up to $9.3 billion. a year, 55% more than Mamdani said. Most. of that pays for his promise of teacher. level salaries for child care workers.

Making matters worse, John and Sandra, New York City faces a $7 billion budget. deficit next year, a hole it must dig. out of first to balance its budget as. required by law before it can even begin. to pay for Mom Donny's agenda. Guys. >> You know, you have that that. event with the NYPD, you saw him smiling. through the whole thing, and you and you. wonder, is he just smiling through the. pain, or maybe the guy doesn't have any. self-awareness as to exactly what's. going on. I don't know. We'll see which. one it is. Thank you, Brian. Appreciate. it.

>> [screaming]. [cheering]. >> Well, he's smiling, but Lord only knows. how he really feels on the inside. Those. are some loud boos. New York City Mayor. Eric Adams Donny there relentlessly. getting booed at a police celebration in. Staten Island. He spoke for less than 1.

minute before he left the stage. So, if. we just kept rolling for 10 more. seconds, he would have been gone. The socialist mayor is also facing deep. scrutiny for many of his costly projects. and for not delivering on his promises. Voters were warned, there's no such. thing as free. You know, common sense. Brian Yennis has more from our New York. City newsroom. Brian. >> Harris, well, Democratic Socialist Mayor. Eric Adams Donny campaigned on an agenda. he said would cost about 10 billion.

dollars a year. 90% of that money, he. said, would come from new taxes on. corporations and millionaires. But, so. far, he's on track to raise only about a. billion dollars a year from a new. pied-a-terre tax and state aid. Here's. the problem. Only the state can levy new. taxes, and Governor Kathy Hochul has. said no. She gave the city 1.2 billion. dollars over 2 years for free universal. childcare. Beyond that, neither of them. can say how to pay for it all.

>> Is it possible to fund 2K going forward. without increasing taxes on the wealthy? >> Yeah. I think the most important thing. is that we fund programs like this. >> I am committed through the program next. year. Um I can't commit future budgets at this. time. >> And the Mondani agenda may cost even. more than he said. Start with free. universal childcare. The Center for New. York City Affairs estimates the cost at. up to 9.3 billion dollars a year, 55%. more than Mondani said. Most of that.

pays for his promise of teacher level. salaries for childcare workers. Then. there's free and fast buses. Mondani. said that would take 800 million dollars. a year. The city's independent budget. office says 1.1 billion. It's now on. hold. Making matters worse, Mondani's. own budget office projects a 7 billion. dollar deficit next year. >> The city does not have 10 billion. dollars laying around to spend and and. this is recurring. So you're not talking.

about a one-time expenditure, you're. talking about spending that we want to. be doing every single year. >> The non-partisan Citizens Budget. Commission says the city should make. cuts given the fact New York City. residents already pay the highest taxes. in the country. Harris. >> Brian, thank you very much. >> Hey everyone, I'm Emily Compagno. Catch. me and my co-host Harris Faulkner and. Kayleigh McEnany on Outnumbered every. weekday at 12:00 p.m. Eastern or set. your DVR. Also, don't forget to.

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