The $252 billion proposal represents the largest spending plan of Hochul’s tenure and includes a pledge to modestly decrease the tax rate on households making under $323,200 a year. She has also proposed an expansion of a child tax credit for those with children under 4 years old.

The lofty wish list — a $8.6 billion annual spending hike — runs in accord with the administration’s affordability agenda, which Hochul teased during last week’s State of the State address.

The 2026 fiscal year budget for New York State was unveiled Tuesday. Governor Kathy Hochul is touting a $252B plan that she says will make New York more affordable and safer.

Hochul’s executive proposal is $19 billion or 8.3% higher than last year’s proposal and $36 billion or 16% higher than her first plan in 2022.