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Assembly sponsor outlines $254 billion budget framework: education, housing vouchers, health and transit funding highlighted
Summary
Assembly leadership told members the enacted budget being drafted would total roughly $254 billion, expand school support and child care, fund housing vouchers and set aside funds for transit and hospitals.
Assembly leadership and the budget sponsor used a floor presentation to summarize the broad framework of the state fiscal year 2025‑26 budget as they prepared to advance budget bills on the Assembly floor.
The sponsor said the emerging enacted budget framework would total approximately $254 billion in spending and included a package of revenue actions intended to reduce tax burdens for New Yorkers. “The budget agreement that is taking shape includes a package of revenue proposals that will save New York State taxpayers a total of $2,700,000,000 in fiscal year 25‑26,” the sponsor said. The sponsor listed several major components appearing in the negotiated framework:
- Education: $37.1 billion in general support for public schools, an…
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