Statement on First Quarterly Update to FY 2025 Budget| Fiscal Policy Institute
The State of New York’s Fiscal Outlook| Fiscal Policy Institute
The State of New York’s Fiscal Outlook| Fiscal Policy Institute
Understanding Childcare Policy in New York| Fiscal Policy Institute
Understanding Childcare Policy in New York| Fiscal Policy Institute
Governor Hochul’s directive to the MTA to 'indefinitely pause' planned congestion pricing for New York City, and her proposed alternative revenue sources, are ill-advised tax and economic policy.| Fiscal Policy Institute
The fiscal year 2025 enacted budget totals $237 billion, an inflation-adjusted decline of 0.4 percent from fiscal year’s 2024 total budget. In non-inflation-adjusted terms (nominal dollars) this represents an increase from fiscal year 2024’s total budget of $231.6 billion.| Fiscal Policy Institute
Under the fiscal year 2025 executive budget, inflation-adjusted state funding would fall for a third consecutive year. While State spending rose in response to Covid, it will return to its pre-Covid trend by fiscal year 2025.| Fiscal Policy Institute
The housing deal currently under consideration in budget negotiations (as publicly reported) would create new tax incentives for affordable housing developers, weaken certain tenant protections passed in 2019, and impose a watered-down version of “Good Cause Eviction” with significant exemptions and loopholes.| Fiscal Policy Institute