"New York's $233B Budget: Hochul's Plan for Migrant Aid and School District Cuts"
Governor Kathy Hochul is set to unveil a $233 billion budget proposal, including an additional $1.9 billion to aid New York City in handling the migrant crisis. The funding will cover migrant-related expenses, state-funded services, and congregate shelters. The budget also addresses a $4.3 billion budget gap for the next fiscal year, with increased revenue projections. Hochul is not planning to raise income taxes or tap into the state's rainy day fund, and Medicaid spending is expected to grow by 10.9% over the 2025 fiscal year.