Gov. Kathy Hochul proposed dramatic spending to help New York City handle a wave of international migrants and to stabilize its reeling public transit system with her $227 billion state budget Wednesday, even as she warned of tougher economic times ahead.
ALBANY, N.Y. — New York Gov. Kathy Hochul proposed dramatic spending to help New York City handle a wave of international migrants and to stabilize its reeling public transit system with herThe wide-ranging spending plan also includes a public university tuition hike, a 10% jump in school aid and a proposal to yet again revise state bail law, which is expected to meet resistance from liberal state lawmakers.
Hochul’s MTA package relies in part on increasing a payroll tax on city-area employers to raise $800 million annually. She also wants the authority to receive a share of state money that will come in from up three new casinos planned for the New York City region. “We will continue to need our federal and state partners to do their part, and we look forward to working in partnership with them,” Adams said in a prepared statement that commended his fellow Democrat for committing state resources.
Hochul made the spending proposals even with a possible national recession looming. State tax collections are expected to fall in the coming fiscal year and the administration projected multibillion-dollar, out-year budget gaps. The budget would also prohibit the sale of all flavored tobacco products, as opposed to just flavored vaping products. The administration said the moves will reduce the number of young smokers.
“We don’t want tuition to be raised on the students. We’re going to have to figure out a way to pay for it,” the Democrat said.
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