NYS budget tax hikes for rich New Yorkers lowered if SALT returns: Cuomo nydailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nydailynews.com Daily Mail and Mail on Sunday newspapers.
by Steve Bittenbender, The Center Square contributor | April 07, 2021 01:00 PM Print this article New York officials announced Tuesday afternoon that they reached a formal agreement on a $212 billion budget for the 2021-22 fiscal year.
The agreement comes six days after the fiscal year began, with remote negotiations prompted by the COVID-19 pandemic blamed as a primary reason for the lengthy delay.
The state’s spending plan includes a record $29.5 billion in funding for the state’s schools. Other priorities include $2.4 billion for rent and homeowner relief, another $2.4 billion for child care, $2.1 billion for an excluded workers fund and $1 billion for small businesses.
Cuomo confirms conceptual budget deal, but no final signoff newsday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.com Daily Mail and Mail on Sunday newspapers.
Cuomo, Lawmakers Reach Deal on $212 Billion State Budget PUBLISHED 5:22 PM ET Apr. 06, 2021 PUBLISHED 5:22 PM EDT Apr. 06, 2021
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Governor Andrew Cuomo and legislative leaders have reached an official agreement on a $212 billion state budget that includes tax increases on the wealthy, a record amount of funding for school aid, and rent relief for New Yorkers impacted by the COVID-19 pandemic.
This will be New York’s largest state budget in history, but also includes more than $12.5 billion in direct aid from the federal government.
New: It s official. @NYGovCuomo, @AndreaSCousins and @CarlHeastie have reached a budget agreement.
Here are a few of the highlights. Total state spending will be $212 Billion pic.twitter.com/F7nQM4Pyqy