Gov. Hochul's proposed budget: School aid up 4.7%, plus a middle-class tax break
Overall, the governor's proposed budget would increase spending by $8.6 billion, including a $5.3 billion surplus.
NY Governor Hochul to Detail Tax Cuts in $252 Billion Draft Budget
New York Gov. Kathy Hochul (D) on Tuesday will propose a $252 billion spending plan with income tax cuts alongside an expanded social safety net as the state faces potential uncertainty from a federal government under GOP control.
Hochul’s $252B budget: Extended millionaires tax, more Medicaid money
Kathy Hochul proposed a $252 billion budget on Tuesday that calls for extending a tax hike on millionaires and increasing spending on Medicaid. But her plan omits specifics about how she will work with lawmakers to shore up the finances of the Metropolitan Transportation Authority and declines to send the city any new funding for the migrant crisis.
Hochul rolls out $252B budget proposal with tax cuts
New York Gov. Kathy Hochul has rolled out a $252 billion budget that calls for tax cuts, expanded child credits and record spending on programs amid
Tax cuts, rebates are highlights of Hochul's $252 billion budget
Gov. Kathy Hochul on Tuesday proposed a $252 billion executive budget that would cut taxes for the middle class, continue income taxes for high-income earners and prohibit students from using cellphones in schools.
Gov. Kathy Hochul proposes $1B middle-class tax cut in her State of State address
The governor also said the state will take steps that could lead to the first expansion of nuclear power in decades.
Gov. Kathy Hochul proposes $1B income tax cut as she makes post-election affordability push
ALBANY, New York — Gov. Kathy Hochul wants to cut state income taxes by $1 billion over the next two years — part of an agenda aimed at combating voters’ economic concerns that helped deliver President-elect Donald Trump’s victory. The Democratic governor is also trying to improve her own political standing ahead of her 2026 reelection.
Hochul Backs Adams Plan to Cut NYC Income Tax for Some Filers
New York Gov. Kathy Hochul’s proposed budget includes the elimination of New York City’s income tax for low-income residents, backing a major policy initiative of Mayor Eric Adams (D).
Gov. Hochul proposes tax cuts, baby bonuses in State of State speech
The proposed cuts would apply to roughly three-quarters of New York taxpayers, and credits would go to new parents.
Complete coverage of Gov. Kathy Hochul's state budget proposal
Gov. Kathy Hochul unveiled her $252 billion state budget that calls for an increase in school aid, middle-class tax cuts and tax rebates. Here's a look at what else she proposed.
Highlights of Gov. Kathy Hochul's executive budget proposal
Public safety $13 million for the creation of the New York State Crime Analysis and Joint Special Operations Command Headquarters. The governor has billed this as a “first-in-the-nation headquarters to track crime trends,
Hochul pitches extension to millionaire’s tax, new housing funds
In her executive budget, Hochul is calling for a five-year extension of tax rates for the state’s highest earners.
NY’s Kathy Hochul pitches $252B budget plan stuffed with handouts — and she’s already blaming Trump if anything goes wrong
Gov. Kathy Hochul unveiled her $252 billion budget proposal stuffed with handouts on Tuesday — but she’s already blaming the ...
Crain's New York2d
Hochul wants to expand Broadway's 'temporary' Covid-era tax credit to $400M
In her executive budget released on Tuesday, Hochul proposed extending the New York City Musical and Theatrical Production ...