New York’s Hochul Pitches Tax Cuts in $252 Billion Budget (1)

New York Gov. Kathy Hochul (D) on Tuesday released a $252 billion spending plan with income tax cuts alongside an expanded social safety net as the state faces potential uncertainty from a federal government under GOP control.

The Democratic governor is pushing for billions of dollars in more spending on public schools, Medicaid and social services like child care while avoiding tax increases ahead of her planned 2026 reelection campaign.

Higher-than-expected revenues will cover the bulk of increased spending alongside a federal Medicaid waiver, according to state Budget Director Blake Washington. While the budget doesn’t include new taxes for ...