New Hole Emerges in the Budget

Governor Cuomo and Comptroller Tom DiNapoli, in a rare joint appearance, broke the sobering news Monday that personal income tax receipts were $2.3 billion below projections. The governor blames the new federal tax plan that caps state and local taxes (SALT) at $10,000. Is he right? Also, learn more about the education and healthcare budget hearings that took place in Albany.

 

lear More: nynow.org