The New York State budget remains unconfirmed, exceeding the April 1 deadline, with discussions on housing and Medicaid extending the negotiation process. Senate Majority Leader Andrea Stewart-Cousins indicates that lawmakers are in the “beginning of the end” of negotiations but will require another budget extender this Thursday, hinting at further delays. The complexity of housing negotiations and differing views on Medicaid funding are significant factors in the ongoing discussions, emphasizing the challenges in reaching a consensus that satisfies all involved parties.
Housing remains a pivotal issue, with debates on incentives for building and tenant protections complicating the agreement. Similarly, Medicaid talks focus on finding revenue solutions to prevent cuts, with proposed tax increases being dismissed by Governor Kathy Hochul. Stewart-Cousins also mentioned the prioritization of retail theft concerns for small businesses and an update on education funding, indicating a move away from the “Save Harmless” proposal towards a review of the Foundation Aid formula for the next budget year.
Governor Hochul expressed optimism about reaching a housing deal, highlighting a shift in attitudes towards addressing the housing crisis. Meanwhile, Assembly Speaker Carl Heastie’s representative confirmed ongoing discussions, signaling hope for an imminent agreement. The state’s leaders continue to work towards a resolution that addresses the key issues of housing, Medicaid, and education funding amidst the budget delay.
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