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New York Governor Kathy Hochul announced a general agreement has been made on the Fiscal Year 2026 Budget.
It includes billions in new spending, criminal justice and mental health law changes and a “bell-to-bell” ban on cellphones in schools. The budget also includes an income tax cut for low- and middle-income filers, an expanded child tax credit and stimulus-style checks of up to $400 for New Yorkers and their families.
Hochul warned again that the state won’t be able to backfill deep cuts from the federal government, which has already reduced hundreds of millions of dollars in spending for New York
