Early spending talks begin as new budget director takes helm
Gov. Hochul appointed the new director in late July.
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Gov. Hochul appointed the new director in late July.
Gotham Gazette is an online publication covering New York policy and politics as well as news on public safety, transportation, education, finance and more.
The state’s top money manager painted a bleak fiscal future for New York in a sobering report released Tuesday, estimating a jaw-dropping deficit of $36.4 billion by 2027.
2023 may be the last year in a while that Governor Kathy Hochul and state lawmakers don't have to worry about holding back on state spending. A new financial forecast released by the governor's budget office shows future deficits doubling next year.
The state Assembly is returning next week and advocates hope lawmakers will approve a bill to expand subsidized health care coverage.