New York Governor Kathy Hochul has made a significant breakthrough in the state's budget negotiations, announcing a handshake agreement on a $268 billion state budget. The proposed budget, which still requires legislative approval, aims to address key issues such as affordable housing, education reform, and economic development. According to sources, the agreement also includes a tax relief package and increased funding for social services. With the state facing a number of pressing challenges, Hochul's agreement marks a crucial step towards securing a stable financial future for New York.
Gov. Hochul announces handshake agreement on $268 billion state budget CBS News