Earlier today, Governor Hochul announced a $252 billion budget proposal, marking an 8.3% increase in state spending compared to the previous year. Senator Walczyk has expressed concerns about the implications of this budget on New York’s affordability.
“Earlier today, Governor Hochul unveiled a record $252 billion budget; increasing state spending over last year by 8.3%. She’s raised the cost of government by 16% since taking office,” said Walczyk. He criticized the notion that increased spending could lead to affordability, stating, “If you could spend your way into affordability, New York would be the most affordable state in the union – we’re not.”
Walczyk also questioned the effectiveness of some of Hochul’s policies aimed at economic relief for residents. “The Governor claims that her policies, including the inflation check gimmick, would put ‘$5,000 back in New Yorkers’ pockets.’ But, taking money out of your right pocket and putting less in your left pocket won’t save you a dime,” he remarked.
While acknowledging the need for middle-class tax cuts, Walczyk emphasized that these should come from reducing expenditures rather than borrowing more funds. He warned against future financial burdens: “Those cuts should be born from spending cuts, not more borrowing which just guarantees the next generation won’t be able to afford to pay the tab or live here at all.”
The senator further criticized specific allocations within the budget proposal such as “$50 million into creating more swimming pools” and “$1 billion for New York’s ‘Green New Deal’ initiatives.” He argued these investments are disconnected from reality and could raise energy costs.
Walczyk concluded his remarks by highlighting comparisons with other states: “This $252 billion state budget proposal is bigger than the budgets of Florida and Texas combined – both states with larger populations than New York.” He vowed to continue opposing what he perceives as government waste and reckless planning.
