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Wednesday, dec 11
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58°
Wednesday, dec 11
Tag:
State of the State Address
Politics
How Does $500 'Inflation Refund' Check Sound? Here's Who Qualifies Under Hochul's Proposal
New Yorkers could soon see some relief from rising costs. Around 8.6 million taxpayers statewide could stand to benefit from a historic $3 billion in “inflation refund” checks that were proposed by Gov. Kathy Hochul during a speech in the Bronx on Monday, Dec. 9. If approved by lawmakers, the initiative would deliver $300 checks to single taxpayers earning up to $150,000 annually and $500 to joint filers with incomes up to $300,000. The refunds would be funded by surplus sales tax revenue generated during the recent period of high inflations. Hochul said the one-time payments would provide…
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Cuomo Touts Infrastructure Plan That Is 'Largest In Nation'
In his fourth and final “State of the State” address, New York Gov. Andrew Cuomo laid out a $306 billion infrastructure plan that he’s touting as the “largest in the nation.” After tackling the war on COVID-19, the short-term future of New York’s economy, and the growing green economy statewide in addresses delivered last week, Cuomo discussed massive projects proposed for the state’s infrastructure as they “invest in the future of New York.” “I sit in the office and live in the home occupied at one time by FDR,” Cuomo said on Thursday, Jan. 14. “Part of Roosevelt's genius was that he und…