Hochul Unveils $260 Billion N.Y. Budget That Avoids Raising Taxes

Gov. Kathy Hochul of New York, who faces re-election this year, said that the state budget faced “real volatility” because of threats from President Trump.Gov. Kathy Hochul proposed spending $6 billion more than the state was to spend this year, a lesser increase than in recent years because of the uncertainty surrounding federal funds.