The Partnership for New York City has issued the following statement on the passage of the New York State budget: 

“As New Yorkers continue to face a once-in-a-generation cost-of-living crisis, this budget agreement from Governor Hochul and the New York State Legislature reflects their commitment to keeping New York affordable, competitive, and safe. The budget takes meaningful steps to lower auto insurance premiums and address the high cost of energy. It includes significant investments in child care access, accelerates the production of much-needed affordable housing, and adds necessary protections to ensure that New Yorkers feel safe. Importantly, it upholds the Governor’s commitment to holding corporate and income taxes steady. This agreement sends a clear message that New York remains focused on creating an environment where families can thrive, businesses can grow, and the state remains the economic engine of the nation.”