New York State Budget Deadline Coming Up Thursday

The state budget deadline is coming up Thursday, and both the Legislature and governor's office are still trying to hammer out a final agreement.

They've been focusing on potential tax hikes for wealthy New Yorkers.

Both Governor Cuomo and Republicans are hesitant to include the higher taxes in the budget, but Democrats believe they're needed so the state has at least one recurring revenue stream. Other issues being discussed include education funding, health care and the state's fiscal recovery from the COVID-19 pandemic.


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