"In my opinion, [it's] probably a tactic to gain leverage."
"This budget will put money back in New Yorkers' pockets."
Governor Kathy Hochul announced a significant milestone in the overdue fiscal year 2026 budget negotiations for New York, citing a $1 billion tax cut aimed at middle- and low-income families. While the actual details of the budget will be unveiled later, Hochul emphasized the commitment to increasing safety in streets and subways. The announcement, made 28 days post-deadline, suggests careful negotiation strategies with legislative leaders, balancing various political interests amid ongoing budget discussions.
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