What's The [Data] Point? Episode 108 -- $209 Billion, Examining The New York State Budget [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]
$209 billion is the total amount to be spent this state fiscal year according to New York State's Enacted Budget for Fiscal Year 2022. That massive budget, adopted in early April, was bolstered by immense federal aid and higher than expected tax revenues as New York comes out of the devastation of the covid pandemic. The state also raised taxes and made a host of other important decisions that continue to play out as the fiscal year and recovery unfold. Three expert guests joined the podcast to discuss what is happening and what it all means for the state's fiscal future: State Senator Liz Krueger; E.J. McMahon of the Empire Center and Manhattan Institute; and CBC's Director of State Studies Patrick Orecki.