New York Gov. Kathy Hochul’s State of the State address on Jan. 14 revealed an ambitious agenda, focusing heavily on education, the cost of living, and safety.
Here are a few highlights from her plan, outlined in the 129-page “2025 State of the State Book.”
Hochul has proposed an inflation refund, giving $3 billion back to 8.6 million New Yorkers.
“Joint tax filers who make less than $300,000 will receive a $500 payment, and all single taxpayers who make less than $150,000 will receive $300,” the plan states.
The cashback was initiated because inflation caused unprecedented revenues through the sales tax, Hochul said.
The governor, a Democrat, will propose a $110 million Child Care Construction Fund, which will build and renovate day care centers and child care facilities. It would also establish a “substitute pool,” a group of experienced child care providers that can step in to keep facilities open when needed….