New York lawmakers return to Albany on Wednesday under pressure to raise taxes for new affordability measures, such as free child care and lower utility bills, while bracing for federal funding cuts.
Legislative leaders will face calls to expand the social-safety net with initiatives championed by New York City’s newly elected mayor, Zohran Mamdani, while contending with lost revenue for major programs due to President Donald Trump’s 2025 tax law.
Gov. Kathy Hochul (D), who is running for re-election, is mulling whether to embrace Mamdani’s push for higher business taxes to fund parts of his agenda and fill a projected ...