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Hochul Unveils New York State Executive Budget

The budget preserves a $14.6 billion reserve, maintains AA+ rating, and commits $260 billion to infrastructure, health, housing, and child care without raising income taxes.

Summary by The Record
NEW YORK — Gov. Kathy Hochul laid out her plans for what she called a stronger, safer, more affordable New York as she unveiled the Executive Budget for Fiscal Year 2027. According to a press release from the governor’s office, Hochul’s budget funds a path to universal child care and makes investments in health care, affordable housing and infrastructure without asking New Yorkers to pay more. The budget includes $14.6 billion in reserves and ma…

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Times Union broke the news in Albany, United States on Tuesday, January 20, 2026.
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