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Hochul’s $268 billion New York budget meets Mamdani’s halfway on ‘tax the rich’ agenda
Gov. Kathy Hochul (D-NY) unveiled a $268 billion state budget for New York on Thursday that stopped short of fully embracing New York City Mayor Zohran Mamdani’s aggressive “tax the rich” agenda while still moving leftward on taxes, childcare, and immigration enforcement. The spe
First seen · 4:30 PM UTCMay 7, 2026
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