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NY Budget Deadline Looms: Hochul, Lawmakers in Stalemate

NY Budget Deadline Looms: Hochul, Lawmakers in Stalemate

New York City News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 27, 20261m 34s

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Show Notes

New Yorks state budget deadline looms, with Governor Hochul and lawmakers struggling to agree on major changes. Key issues include auto insurance reform, environmental reviews for construction, and climate law deadlines. The budget, a $260 billion package, is at risk of being late again. Negotiations also cover tax hikes, ending perks for opportunity zone investors, and funding for social workers for seniors in affordable housing. Despite delays, all parties remain hopeful for a resolution.

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