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New York lawmakers debate a $263 billion budget, agreeing on taxes for the wealthy and energy rebates, but clash over auto insurance reforms and climate policies.
New York lawmakers are negotiating the state’s $263 billion budget with less than two weeks until the April 1 deadline.
Both the Senate and Assembly have passed budget resolutions, agreeing on higher taxes for high earners and corporations, and supporting a $2.6 billion energy rebate to help households with rising utility costs.
Disagreements remain over Governor Hochul’s auto insurance reforms, which the legislature rejected.
The Senate’s budget also includes funding for rural health care, childcare, clean water projects, and a sewer line in Oswego County.
Hochul warns that current climate policies could impose financial burdens, but the Assembly maintains its commitment to the 2019 Climate Law, emphasizing affordability amid rising energy prices driven by AI and infrastructure demands.
Los legisladores de Nueva York debaten un presupuesto de 263 mil millones de dólares, llegando a un acuerdo sobre impuestos para los ricos y descuentos energéticos, pero chocan sobre reformas de seguros de automóviles y políticas climáticas.