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NY Post
New York Post
15 Mar 2024


NextImg:Lawmakers’ drunken-sailor spending spree is sure to bankrupt New York

State lawmakers must be smoking some of that wacky tobacky they legalized, because the one-house budget bills they passed this week are utterly off the rails.

The bills came in response to Gov. Hochul’s spending scheme and upped her $233 billion bottom line by a jaw-dropping $13 billion.

Lawmakers are looking to shell out nearly a quarter of a trillion bucks — $246 billion — for the state fiscal year starting April 1.

It’s pure madness — an Olympic leap of $73 billion, or about 42%, over just five years ago.

Heck, Bidenflation looks tame by comparison: Prices have risen “only” 23% in that time.

But then, money grows on trees, right?

Much of the lawmakers’ outlays would go to the state’s education and health-care industries, whose unions lord over Albany lawmakers.

The Assembly, for example, adds a whopping $5.1 billion to Hochul’s $45.8 billion for the State Education Department.

Both houses add billions to Medicaid spending, rejecting even the gov’s modest curbs to a runaway multibillion-dollar personal-care aide program that’s seen massive fraud and soared 1,200% since 2016.

Never mind that New York’s per-capita Medicaid costs are the highest of any state, and 70% above the national average, per the Empire Center — totaling $83.4 billion in 2022.

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And some of lawmakers’ “smaller” tack-ons are full-on drunken-sailor:  

The legislation is also filled with all kinds of new tax hikes and other tools to suck in more cash for their profligate plans.

Yet Albany faces more than $15 billion in red ink over just the next few years.

The tax hikes will only speed up the exodus of taxpaying New Yorkers; they won’t come close to closing the gaps.

The radical takeover of the Legislature over the past few years has subjected New Yorkers to enormous misery — from the growth of crime, to the ever-present stench of pot, to the explosion of homeless and mentally ill people on the streets.

If the Democratic majorities get even fraction of what they’re seeking, you can add a looming budget crisis to that.