New York watchdog warns of fiscal instability in budget

N.Y. spending risks long term financial stability, state comptroller report says

The report shows spending continues to grow on programs like healthcare, education and childcare, but total reserves haven't kept up pace.

POLITICS: New York politicians ignore the budget disasters ahead

New York’s gubernatorial election is less than 16 weeks away, but both Gov. Kathy Hochul and her GOP challenger Bruce Blakeman have largely escaped questions about one of the most substantial tasks New York’s governor will face next year: how he or she will balance the budget. Because with outlays soaring on the state’s priciest programs — Medicaid and school aid — the state is in dangerous territory. The spending plan approved in late May, near…

New York watchdog warns of fiscal instability in budget

(The Center Square) — New York's top bean counter is warning about the state's increasing fiscal instability in a new report that cautions Albany leaders from tapping into the state's reserves to reduce the growing deficit.

NYS Comptroller warns of over $31 billion budget gap through the next three years

State Comptroller Thomas DiNapoli warned of increasing instability in New York's fiscal outlook, citing a growing gap between spending and revenue.