Let’s make a deal – or not.
Gov. Kathy Hochul claimed Thursday that she struck a deal with lawmakers over New York’s long-delayed budget – an assertion that state Assembly Speaker Carl Heastie dramatically denied.
The budget drama unfolded after Hochul announced the alleged agreement at 9 a.m., releasing the spending plan’s top lines.
Gov. Kathy Hochul is expected to unveil the top lines for her massive New York state budget Thursday morning — with little to no new money for the Big Apple expected. Luiz C. Ribeiro for NY PostRoughly two hours later, however, Heastie effectively called the governor a liar.
“There’s no budget deal. There’s no deal,” the Bronx Democrat said.
“I’m not conferencing anything else until I know what the financial picture is.”
Heastie said he walked out of a high-profile leaders’ meeting last night without an agreement.
The budget was originally due on April 1. rfarainoThe governor has been itching to strike a deal as the state blew past deadline after deadline to pass the budget.
She had previously planned to announce the handshake Wednesday, having staff set up the Red Room in the state Capitol for the unveiling, but ultimately canned the rollout.
Hochul’s claim to have struck a deal – and seeming attempt to strongarm the legislature – drew a rare show of bipartisan agreement from lawmakers.
“I would actually thank the speaker for standing up for the legislature in this process,” Assembly Minority Leader Ed Ra (R-Nassau) told reporters.
“No you didn’t reach an agreement,” state Sen. Jabari Brisport (D-Brooklyn) posted to Hochul on X. “You do this every year. Please stop.”
The deal that Hochul announced came with few details and as New York City’s fresh-faced Mayor Zohran Mamdani has begged the governor for more money to help fill what he has claimed is a $5.4 billion budget shortfall.
Mayor Mamdani has boasted about securing a pied-à-terre tax proposal from Hochul to help close the city’s budget gap. X / @NYCMayorAlbany is expected to deliver some relief to the young socialist by either helping financially or delaying the class-size mandate for city schools, according to insiders. That is expected to provide around $600 million of relief.
State lawmakers were also working on adjusting payments to pension funds, which could help to the tune of up to $1.5 billion, but the details were still being hashed out late Wednesday.
A rep for the governor’s office said the city’s numbers were still being finalized but the plan will include more assistance for the Big Apple.
Hochul has been adamant that Mamdani needed to find savings in his ballooning $127 billion budget, which is roughly half the size of the current state budget.
The freshman mayor, though, has proposed little to get spending under control and kicked the can on rolling out his executive budget proposal to next week.
The governor did try to give Mamdani a political win that he could spin to his base as a major victory in his pledge to tax the rich, through a pied-à-terre tax on expensive second homes in the city.
But the tax is only projected to generate some $320 million and is expected to face a series of hurdles.






