Written by Office of the Governor. New York State's budget is constructed with two options based on the plan: -NY State receives a "worst case" scenario of $6 billion -NY State receives a "fair funding" scenario of $15 billion President Joe Biden's proposal of the American Rescue Plan, which looks to fund $350 billion to state and local financing, is something Cuomo is heavily relying on.
Path Taken Depends on Level of Federal Funding after Devastating Economic Impact of Washington's SALT Attack Compounded by Failed COVID Response With Adequate Federal Support, State Can Advance Governor's Bold Vision to Reimagine, Rebuild & Renew NY: $306 Billion Infrastructure Plan - Largest in Nation