Hochul Presents $216 Billion Executive Budget with Major Spending Plans, Promise of Fiscal Responsibility
*Reposted from Gotham Gazette. Written by Samar Khurshid (photo: Mike Groll/Office of Governor Kathy Hochul) *
Governor Kathy Hochul on Tuesday put forth a $216.3 billion Executive Budget for the 2023 fiscal year, which begins April 1, making massive proposed investments in education, health care, and infrastructure as the state continues on its road to recovery from the COVID-19 pandemic.
Hochul touted a “socially responsible and fiscally prudent” budget plan that will rebuild the state’s health-care and education workforces, provide tax relief to middle class New Yorkers, build affordable housing, invest in infrastructure and climate action, promote public safety and increase confidence in state government.
“We need to embrace this moment of possibility and use it to redefine York's destiny,” said Hochul, delivering her first budget presentation as governor after taking over after Governor Andrew Cuomo’s resignation last year. Hochul is running for a full term in the position in this year’s election, with a Democratic primary in June.
The Executive Budget, which puts numbers to many policy agenda items Hochul announced in her early January State of the State as well as more detailed plans for the expenditure of billions in federal aid, now becomes the subject of state legislative hearings and negotiations as the two branches move toward an adopted budget by the start of next fiscal year.
Read full article here: https://www.gothamgazette.com/state/11034-hochul-216-billion-executive-…