Governor Kathy Hochul has unveiled her plans for the 2026 New York State Budget, which include sending inflation refund checks of up to $400 to over eight million households, supported by unexpected sales tax revenue. In addition to these refunds, the proposal aims to triple the state's child tax credit, raising payouts significantly, and ensure that all students receive free breakfast and lunch at school. Such measures are intended to alleviate financial pressures on families, potentially saving them up to $5,000 annually.
Governor Kathy Hochul announced a $400 inflation refund for families, expanded child credits, and free meals for all students, aiming to reduce living costs in New York.
The budget proposal is set to offer significant financial relief to families, potentially saving them thousands annually while simplifying eligibility for school meal programs.
Hochul stated, 'The cost of living is still too damn high, so I promised to put more money in your pockets-and we got it done,' highlighting her commitment to addressing financial burdens.
With new allocations from increased sales tax revenue, the plan intends to directly support millions of New Yorkers with vital financial aid and improve overall family welfare.
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