Gov. Kathy Hochul announced a $254 billion New York state budget featuring multiple financial handouts, totaling an estimated $5,000 return for families, aimed at addressing inflation. Key initiatives include 'inflation refund' checks up to $400 for qualifying families, along with free school lunches and expanded tax credits. Despite criticism from fiscal conservatives about the checks' efficacy, Hochul argues they significantly aid families impacted by rising costs. The budget also incorporates a tax increase to fund infrastructural plans for the MTA.
When you add all this up - your family's inflation refund, school breakfast and lunch, the child tax credit for your little ones, plus the middle class tax cut - that's $5,000 back in the pockets of New York families.
If anybody questions whether or not an inflation rebate is a good idea, go with me to a grocery store and walk and push a shopping cart as a mom is putting everything from eggs to diapers and bread and tuna fish in the cart.
Collection
[
|
...
]