Hochul blames Trump’s ‘Big Beautiful’ bill for money woes weeks after NYS OK’d massive spending hike

Source: New York Post

ALBANY – The Hochul administration is blaming President Trump’s “Big Beautiful Bill” for financial issues shortly after New York State lawmakers OK’d a massive spending hike in their budget. Gov. Kathy Hochul’s budget chief Blake Washington told reporters Thursday that his office’s initial estimates show the Empire State is expected to take a $750 million hit during the current fiscal year and a $3 billion hit next fiscal year, mostly due to the feds’ changes to Medicaid.