Hochul says budget plan spends more, but will not cause NY to go into debt
Gov. Kathy Hochul's budget plan spends at a much higher rate than her predecessor's, but she says it's all balanced.
Stay updated with breaking news from Patrick Orecki. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Gov. Kathy Hochul's budget plan spends at a much higher rate than her predecessor's, but she says it's all balanced.
Budget watchdogs are warning, though, that the governor should also be ready for potential economic downturns in an uncertain time.
Bolstered by pandemic relief funds from Washington and higher tax collections, New York's budget situation is in better shape than in recent years. That will help Governor Kathy Hochul fund some of the pledges she made in her State of the State address on childcare, health care pay, tax breaks and more. The budget address is Tuesday.
WSKG Radio will broadcast Gov. Hochul's budget address at 11 a.m. Tuesday.
Gov. Kathy Hochul is expected to provide details on some ambitious spending programs announced earlier this month, when she gives her budget address Tuesday at 11 a.m. Budget watchdogs are warning, though, that the governor should also be ready for potential economic downturns in an uncertain time.