New York lawmakers are voicing concern over Governor Kathy Hochul’s record-breaking $252 billion executive budget, with critics calling it unsustainable and dismissive of the state’s long-term affordability issues.

Hochul's fiscal year 2026 budget proposal includes $8 million to bolster security at the northern border and "power-ready" sites to attract new businesses.

Hochul’s $252 billion budget proposal, released on Tuesday, allocates $35.4 billion for the Health Department’s Medicaid budget, a 14% increase from last year. However, the state’s financial plan lacks accompanying policies to tamp down ballooning Medicaid costs, running the risk that those costs will run the state into a deficit.

New York Governor Kathy Hochul won’t provide any new funding to New York City to help manage its migrant crisis, marking a significant shift after tens of thousands of asylum seekers strained the city’s budget requiring state help.

New York Governor Kathy Hochul has decided not to allocate any new funding to help New York City manage its migrant crisis. This marks a notable change in her policy, after previously committing to cover about a third of the city's costs related to sheltering migrants two years ago.

Governor Kathy Hochul won’t provide any new funding to New York City to help manage its migrant crisis, marking a significant shift after tens of thousands of asylum seekers strained the city’s budget requiring state help.