Officials talk FY 2026 Budget: Rising Medicaid costs and revenue growth

ALBANY, N.Y. (NEXSTAR) — State officials met publicly on November 15 to discuss the foundation of New York's 2026 fiscal year (FY) budget. Their Quick Start Budget presentation showed the state’s economy growing faster than previously predicted, with increased tax revenue driven by higher-than-expected wages and bonuses.

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Still, the experts—representing the Division of the Budget (DOB)...