Dimon Among NY CEOs Asking Biden for Asylum Seeker Help

The transcript discusses the Biden administration's response to the influx of 100,000 asylum seekers, highlighting an open letter from the Partnership for New York City. The letter, signed by prominent business leaders, emphasizes the strain on resources across the nation. The influence of the Partnership for New York City is explored, along with the financial impact on New York City, which faces a $12 billion cost. Funding sources include state aid and city tax revenue, with potential budget cuts looming. The transcript concludes with a discussion on the economic benefits of allowing migrants to work.

What is the main concern addressed in the open letter to President Biden?

• The rise in crime rates

• The importance of education reform

• The overwhelming impact of asylum seekers on resources

• The need for more jobs in New York City

Who is the leader of the Partnership for New York City?

• Albert Borla

• Jamie Dimon

• Rob Spire

• Kathy Wilde

What is the estimated cost to New York City due to the asylum seekers?

• $30 billion

• $20 billion

• $5 billion

• $12 billion

What is one proposed solution to help manage the financial impact of asylum seekers in New York City?

• Raising public transportation fares

• Cutting public services

• Expediting work permits for migrants

• Increasing taxes

How does the Partnership for New York City view the influx of new people economically?

• As a reason to increase taxes

• As a cause for reducing public services

• As a potential economic benefit

• As a burden on the economy