In response to the release of Governor Hochul’s executive budget proposal for fiscal 2027, the Empire Center issued the following comment:
“It should go without saying that rejecting further tax hikes – in what’s already the most heavily taxed state in the country – was the right thing for Governor Hochul to do.
“Her proposals to streamline the regulatory process for housing construction and cracking down on auto insurance fraud are also welcome ideas that would make the state more affordable.
“Unfortunately, her plan would also continue a pattern of excessive spending growth, especially an 11.5 percent increase in Medicaid. This being an election year, the state legislators will almost certainly push to hike taxes and increase spending even more. Taxpayers can only hope that the governor imposes a modicum of discipline.”
–Bill Hammond, senior fellow
The Empire Center, based in Albany, is an independent, not-for-profit, non-partisan think tank dedicated to promoting policies that can make New York a better place to live, work and raise a family.
You may also like
132 NYSLRS Retirees Receive Pensions Over $200K in FY2026
A total of 132 retirees from the New York State and Local Retirement System (NYSLRS) were eligible to collect $200,000 or more in pensions during the 2026 fiscal year, according to , the Empire Center’s government transparency website.
Among the 132 Read More
Empire Center Poll: Just 4 Percent Approve of New York’s Education System
ALBANY, N.Y. — New Yorkers gave the state’s education system a sweeping vote of no confidence: 47 percent said the state should improve student performance, 41 percent said it should improve performance while spending less, and only 4 Read More
New York’s electricity prices climb to third highest in the U.S.
FOR IMMEDIATE RELEASE
ALBANY, N.Y. — Empire Center’s shows New York households paid the third-highest residential electricity prices in the country in May 2026, trailing only Hawaii and California.
The latest U.S. Energy Information Administra Read More
Port Authority Payroll Passes $1.2B as 20 Employees Collect $400k+
Twenty Port Authority of New York and New Jersey (PANYNJ) employees collected more than $400,000 each in total pay last year, while average pay agencywide rose three percent, according to , the Empire Center’s government transparency website.
The Por Read More
NYC Employee Pension Payments Rise To $6.2 billion
The pension plan covering most New York city government agencies, including the City’s subway system, had 62 members with pension payments of at least $200,000 last year, according to , the Empire Center’s transparency website.
According to the d Read More
Empire Center Poll: New Yorkers Prioritize Low Energy Prices and Have Little Appetite for Radical Climate Policies
FOR IMMEDIATE RELEASE
ALBANY, N.Y. — New Yorkers across political, geographic, age, and income groups oppose energy and climate policies that raise energy prices or force changes on homeowners, according to new Empire Center analysis Read More
New York’s Electricity Prices Fourth Highest in the Country
New York households are paying the fourth-highest electricity prices in the country, according to the Empire Center's In April 2026, residential electricity prices in New York averaged 29.45 cents per kilowatt-hour - 56 percent above the national average Read More
Fourteen NYC Educators Receive Over Half a Million Dollars in Pensions
Fourteen retired New York City educators received more than $500,000 in pension benefits in 2025, according to , the Empire Center’s government transparency website.
The data was obtained from the New York City Teachers’ Retirement Read More