The Three Big Questions Delaying New York’s Budget
Key Points:
- New York State has missed the April 1 deadline for passing its budget every year since Governor Kathy Hochul took office in 2021, with the current year continuing the trend.
- Lawmakers have agreed to a weeklong budget extension, but many have returned to their districts anticipating prolonged negotiations into mid-April.
- Senate Majority Leader Andrea Stewart-Cousins acknowledged that significant policy issues embedded in the budget are causing delays, and work on the financial details has yet to begin.
- The ongoing disagreements over three key policy questions are the primary reasons for the stalled budget, which is projected to total around $260 billion.