Governor Kathy Hochul, alongside Albany's legislative leaders, has reached a secret agreement on New York's taxation and spending for the fiscal year. The lack of transparency has raised concerns among taxpayers, as crucial details remain undisclosed. The impending budget involves an extraordinary $254 billion expenditure, surpassing the combined costs of running Florida and Texas, despite New York's smaller population. Critics argue that this approach sidelines public debate and could lead to economic turmoil, as Republicans were excluded from negotiations entirely.
Without the benefit of open debate, New Yorkers are paying through the nose: Albany will spend a staggering $254 billion in the coming year.
This is a back-room deal, worked out in secrecy by an all-Democrat troika: Hochul, Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie.
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