New York Gov. Kathy Hochul has rolled out a $252 billion budget that calls for tax cuts, expanded child credits and record spending on programs amid better-than-expected revenues. Hochul's executive proposal for the fiscal year that begins on April 1 is about $19 billion,

Overall, the governor's proposed budget would increase spending by $8.6 billion, including a $5.3 billion surplus.

Hochul's fiscal year 2026 budget proposal includes $8 million to bolster security at the northern border and "power-ready" sites to attract new businesses.

New York Gov. Kathy Hochul (D) on Tuesday will propose 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.

Her budget made no mention of "cap and invest," the program she proposed two years ago as a central strategy for reducing fossil fuels emissions.

Hochul’s executive proposal is $19 billion or 8.3% higher than last year’s proposal and $36 billion or 16% higher than her first plan in 2022.

The lofty wish list — a $8.6 billion annual spending hike — runs in accord with the administration’s affordability agenda, which Hochul teased during last week’s State of the State address.

New York lawmakers are voicing concern over Governor Kathy Hochul’s record-breaking $252 billion executive budget, with critics calling it unsustainable and dismissive of the state’s long-term affordability issues.

Gov. Kathy Hochul proposed a “bell-to-bell” ban on smartphones and other devices in her budget plan unveiled Tuesday — a prohibition that comes with a surprise $13.5 million bill. The eight-figure outlay will help schools statewide set up their own policies on banishing electronic distractions,

Governor Kathy Hochul unveiled her executive budget on Tuesday, with a focus on affordability. Former president George W. Bush took the internet by storm during the 2025 Inauguration of President Donald Trump,