The MTA was waiting on Albany to help fund the $33 billion gap in its $68.4 billion 2025-2029 capital plan, but Hochul left out any proposals to bridge the deficit in her $252 billion fiscal year 2026 executive budget proposal released Tuesday, essentially saying the MTA’s plan was too big to approve at this time.
The $252 billion proposal represents the largest spending plan of Hochul’s tenure and includes a pledge to modestly decrease the tax rate on households making under $323,200 a year. She has also proposed an expansion of a child tax credit for those with children under 4 years old.
It’s cynical and it’s kind of a projection of fearfulness rather than strength,” John Kaehny, Executive Director of good government group Reinvent Albany, told The Post.
Kathy Hochul proposed a $252 billion budget on Tuesday that calls for extending a tax hike on millionaires and increasing spending on Medicaid. But her plan omits specifics about how she will work with lawmakers to shore up the finances of the Metropolitan Transportation Authority and declines to send the city any new funding for the migrant crisis.
Call ‘em the Poor Authority. New Jersey Gov. Phil Murphy is worried the new $9 congestion toll to enter Midtown Manhattan will actually reduce traffic — and revenue — at Hudson River bridge and tunnel crossings.
NY Gov. Kathy Hochul is defending her support for congestion pricing after NYS Assembly Minority Leader Will Barclay questioned how her congestion pricing initi
Gov. Kathy Hochul is pointing out possible benefits of congestion pricing to suburban commuters, an influential voting bloc that could decide her political fortunes.
Gov. Kathy Hochul greeted commuters on the platform at Jamaica before speaking to Newsday on her train trip about congestion pricing and transit safety.
Although there was over $9 billion allotted for various transportation initiatives, the $252 billion fiscal year 2026 executive budget did not mention any funds for the Metropolitan Transportation Authority's 2025-2029 capital plan.
Despite New Yorkers expressing concerns about their safety, police departments are struggling to recruit and retain officers.
President Donald Trump is facing bipartisan calls to put the brakes on New York City's congestion pricing program, with Republicans and Democrats arguing that the higher