Hochul Pledges No New NY Taxes With Focus on Affordability (2)

Jan. 13, 2026, 6:22 PM UTCUpdated: Jan. 13, 2026, 8:55 PM UTC

Gov. Kathy Hochul unveiled her legislative agenda to make New York more affordable as she heads into a re-election campaign, though dismissed raising taxes to pay for more ambitious plans.

The Democratic governor used her State of the State address in Albany on Tuesday to promote lowering the cost of living for the state’s nearly 20 million residents, noting how inflation has usurped families’ spending power.

Hochul cited uncertainty from federal funding cuts expected to hit New York’s budget this year, but said the state’s finances remained sound and rejected raising taxes. Instead, she pledged to commit to cost-cutting measures ...

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