Over the weekend, and about a week after it was due, New York State Governor Kathy Hochul signed into law a $220 billion budget for the 2023 fiscal year. The budget includes significant investments in sectors hit hard by the pandemic, such as healthcare, a full funding of foundation aid (the state's public education funding formula), and $4.2 billion for the Clean Water, Clean Air, and Green Jobs Environmental Bond Act. On this episode of Policy Outsider, Rockefeller Institute researchers and fellows join to provide an overview of the enacted budget and put into context the investments made in specific areas, such as education, COVID recovery, local government, childcare, the forthcoming retail marijuana market, and the environment.
