New York officials, including tax cuts and inflation relief checks for residents.">
New York Budget Deal Struck: Tax Cuts and Inflation Relief Checks on the Way
New York — April 29, 2025 —
In New York, an agreement on a new budget has been reached. after weeks of discussion, Governor Kathy Hochul and state legislative leaders finalized a $254 billion budget. The budget includes income-tax cuts for many, along with one-time “inflation refund checks.” The new budget represents a key step, promising crucial financial relief, and more details will follow.
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New York Budget Deal Struck: Tax Cuts adn Inflation Relief Checks on the Way
After weeks of negotiation,Gov. Kathy Hochul and state legislative leaders have reached an agreement on a $254 billion budget. The deal includes income-tax cuts for most New Yorkers and one-time “inflation refund checks” of up to $400.
