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What Gov. Hochul must do to prevent a coming fiscal crash

Por: New York Post Opinion December 31, 2022

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The pandemic and its fiscal aftermath have given rise — temporarily — to a state budget trend unique in New York’s history: rapid growth in revenues, spending and surplus reserves. Even more than most states, New York experienced a severe economic and fiscal disruption following March 2020’s COVID-19 outbreak. For a time, the shock waves seemed very likely to vaporize a chunk of Albany’s tax revenues and precipitate a fiscal crisis.... + full article



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