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Hochul Sets 2026 Pitch With Affordability Drive and No-Tax Pledge

Her affordability push faces funding questions, prompting calls for new revenue alongside warnings about long‑term budget risks.

Overview

  • She used her fifth State of the State to frame a re-election message and to cast President Donald Trump as a political foil.
  • Hochul said she will fund new investments without raising taxes, with specifics arriving in her Jan. 20 executive budget.
  • Her agenda includes a first $4.5 billion tranche toward universal childcare, drawing scrutiny over how ongoing costs will be covered.
  • She proposed keeping federal immigration agents out of schools, hospitals and houses of worship and said state resources will not assist raids targeting people without serious crimes.
  • Progressives, including Lt. Gov. Antonio Delgado and Zohran Mamdani, pushed for taxing the wealthy, while conservatives and watchdogs warned of structural gaps and potential federal cuts, noting a projected $12.6 billion shortfall by 2029.