On CNBC’s Squawk Box with Andrew Sorkin, the Mayor said yesterday that not only is he targeting cutting “zombie programs” started by his predecessor that are a waste of taxpayer money, but that the scale of the “$12 billion of a fiscal deficit requires the kind of increased revenue on the top 1% of New Yorkers who make a $1 million a year or more, increasing their taxes by 2%. It also means that we look at the relationship between the city and the state, where New York City is the economic engine of the state – of the country – and yet while we contribute 54.5% of the state’s revenue, we only receive 40.5% in return. And if we had actually bridged that gap over the Cuomo years, we’d be talking about receiving an $8 billion dollars additional every single year. ” Mamdani also signed an Executive Order to appoint Chief Savings Officers for each city agency who are tasked with eliminating waste and streamlining costs and operations.