Episode 115: $216 billion, with Governor Kathy Hochul

11/02/2022 38 min
Episode 115: $216 billion, with Governor Kathy Hochul

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Episode Synopsis

$216 billion is the size of New York State fiscal year 2023 budget proposed by Governor Kathy Hochul. The proposed spending plan is balanced over five years and makes significant deposits to reserves, but also maintains high taxes and accelerates State spending growth. At an event with CBC Trustees, Governor Hochul and CBC President Andrew Rein discussed the continued improvement of the State's fiscal outlook, budget negotiations, priorities for COVID recovery, the MTA and more.