New York State lawmakers propose budget restoring education funding, increasing taxes on the wealthy, and creating an affordable housing program, opposing Governor Kathy Hochul's school aid distribution plan.

New York State lawmakers have released their budget proposals, seeking to restore education funding, increase taxes on the wealthy, and introduce an affordable housing program. The Senate and Assembly budgets add $1.2 billion to schools and challenge Governor Kathy Hochul's plan to change the way school aid is distributed. While both lawmakers and Hochul are Democrats, they will need to find common ground on issues including taxing the rich and school funding before the April 1 budget deadline.

March 12, 2024
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