""have to be vague""
""We can do quite a few things without any source of additional revenue based on the revenue coming in at the moment,""
""But I don't know what Washington is going to do, you know. They try and jam us up for another $3 billion in Medicaid costs, and this is the uncertainty, which makes it challenging to do what we're doing.""
Governor Hochul opposes eliminating MTA fares and refuses to raise taxes to replace lost revenue, while expressing willingness to pursue affordability measures within existing funds. Federal uncertainty and threats from House Republicans to cut funding and impose an additional $3 billion Medicaid burden create fiscal unpredictability that constrains planning. Hochul is consulting with Mayor-elect Zohran Mamdani but declines to detail transit proposals, citing political and financial risks. The governor faces challenges from both right and left and seeks to avoid commitments that could be portrayed as fiscally imprudent or aligned with Democratic Socialists.
Read at Streetsblog
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