Governor Kathy Hochul and Senator Kirsten Gillibrand expressed serious concerns regarding President Trump's potential eradication of the Department of Education, emphasizing that the state stands to lose $5.5 billion in federal funding. They highlighted how localities would face increased taxes to compensate for this loss, with schooling costs being a significant component of property tax bills. Hochul warned that the financial impact could disrupt local economies, affecting both homeowners and businesses. Trump's ongoing campaign rhetoric about cutting the department further fueled these concerns among state leaders.
This is $5.5 billion that the State receives annually from the Department of Education - $3.2 billion goes directly into our budget, $2.3 billion goes to localities. If that money is jeopardized, localities lose that money, they will have to raise taxes.
If that money evaporates from the federal government, where are they going to go? This is going to hit homeowners and businesses, and I want them to be aware of this consequence.
Trump has been hinting at his desire to shut down or cut back the DOE since his first term as part of his efforts to shrink the size of the federal government.
We will drain the government education swamp and stop the abuse of your taxpayer dollars to indoctrinate America's youth with all sorts of things that you don't want to have our.
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