$263 billion, with NYS Budget Director Blake Washington

$263 billion is the size of the FY27 State budget proposed by Governor Hochul. With strong tax receipts, the State has enough to close next year's gap and put a dent in future gaps, plus fund universal childcare. But risks abound, including a structural budget gap and federal changes to Medicaid and SNAP. How is the State navigating all these competing forces in an election year? Should NYS be…