NY Lawmakers OK Final Budget After Delay
Kathy Hochul
Photographer: Adam Gray/Bloomberg
New York lawmakers gave their final approval to a $268 billion budget that will include a tax on second homes in New York City, pension sweeteners, and utility rebate checks, Raga Justin reports.
The majority-Democratic state legislature signed off on the remaining final budget legislation late Wednesday night, approving Gov. Kathy Hochul’s slate of policies she contends will improve affordability for New York residents. Hochul, a moderate Democrat, has been criticized by several progressive lawmakers who had split with the governor over her weakening of the state’s 2019 climate law ...