“As we embark on a new year and legislative session, the State of the State message delivered by Gov. Kathy Hochul set forth her agenda. State government is here to work for the people of this state and make life better and more equitable for all New Yorkers. Her top priorities, including addressing the affordable housing crisis, fighting back on crime, and investing in high quality health care, education, and infrastructure, are the same priorities shared by all New Yorkers.
“We are now entering the third year of the lingering effects of COVID-19 on our health and economy. As the nation continues to recover from pandemic aftershocks, the state’s fiscal footing is currently stable, but the economy remains uneven, and inflation is still too high. To prepare for future risks and uncertainties, rainy day reserve targets should be met, spending plans should be cautious, and prudent debt practices should be restored.
“We arrive in 2023 having persevered; still recovering, but well on our way back. I look forward to more specifics in the upcoming budget presentation at the end of the month.”