Panel Warns High Uncertainty for New York Revenue Forecast as Federal Policy Risks Loom
State budget and legislative leaders met with outside economists and university modelers and agreed the New York revenue outlook is currently uncertain; panelists urged caution, citing federal fiscal changes, proposed tariffs and immigration policy as major downside risks.
The full story
Blake Washington, director of the New York State Division of Budget, and legislative budget leaders met with outside economists on Feb. 1 for the annual economic and revenue consensus forecasting session and emphasized a shared goal of producing an on‑time budget while warning that revenue projections face unusually large uncertainty.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in