What to expect when you’re expecting a budget

This post was originally published on Politico.

Gov. Kathy Hochul announced that lawmakers had overall reached an agreement over the state budget last week but details are still being fleshed out.

DAYS THE BUDGET IS LATE: 41 

SPENDING SPECIFICS: Crucial state budget details — including aid for New York City, the structure of a surcharge on high-value second homes and the contours of major pension changes — are yet to be fully ironed out.

Gov. Kathy Hochul last week announced a “general agreement” for a $268 billion spending plan — but without specifics on many items. The closed-door discussions remain underway in Albany and none of the nine remaining budget bills have been printed.

The state budget is now destined to be at least six weeks past its March 31 due

By Nick Reisman
Author: By Nick Reisman

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