New York NOW

New Hole Emerges in the Budget

February 8, 2019

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.


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