Budget Watchdogs Pan Hochul Spending Plan, Brace for Adams Proposal

Budget Watchdogs Pan Hochul Spending Plan, Brace for Adams Proposal

The $254 billion budget deal reached Monday between Gov. Kathy Hochul and legislative leaders appears to be a cautious one. It increases spending from the governor’s initial proposal by only $2 billion, small compared with previous budgets, and trimmed the governor’s proposed $3 billion tax rebate by a third.But fiscal experts — ranging from conservative, business-backed groups like the Citizens Budget Commission to progressive organizations lik…