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Commentary By John Ketcham

Kathy Hochul’s Money Pit, $229B NY Budget Failed to Deliver on Charter Schools, Housing, Criminal Justice

Economics New York, Housing, New York City, Education, Tax & Budget

After a month of political wrangling past its due date, the state finally has a budget for fiscal 2024. 

But why the wait?

For all of Gov. Hochul’s proposed big-ticket policy changes on criminal justice, housing and charter schools — not to mention approving hefty pay raises for lawmakers — she signed a deal without much to show for it. 

Hochul spent most of her political capital on amending the state’s bail law, although the effects will be hazy at best.

Continue reading the entire piece here at the New York Post

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John Ketcham is a fellow at the Manhattan Institute. 

Photo by Michael M. Santiago/Getty Images