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.
In her executive budget, Hochul is calling for a five-year extension of tax rates for the state’s highest earners.
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. Kathy Hochul unveiled her $252 billion budget proposal stuffed with handouts on Tuesday — but she’s already blaming the ...
ALBANY, New York — Gov. Kathy Hochul wants to cut state income taxes by $1 billion over the next two years — part of an ...
In her executive budget released on Tuesday, Hochul proposed extending the New York City Musical and Theatrical Production ...
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