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Tribune News Service
Tribune News Service
National
Denis Slattery

New York’s $220 billion budget by the numbers and what it means for taxpayers’ wallets

ALBANY, N.Y. — While New York’s $220 billion budget was more than a few days late, no one can say it was a dollar short.

Bolstered by federal COVID-19 funds and higher-than-anticipated tax revenues, the Democratic-led Legislature finally approved a sweeping, week-late spending plan Saturday. The budget language includes funds for boosting child care and wages for health care workers, temporarily suspending part of the state’s gas tax, and overhauling bail laws.

A marathon voting session concluded early Saturday in the State Capitol following two weeks of secretive, closed-door conversations centered around Gov. Kathy Hochul’s 11th-hour public safety proposals and a half-billion-dollar handout to the Buffalo Bills for a new stadium.

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