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Kathy Hochul: “Our one time $3 billion inflation rebate is now a $2 billion…”

Featuring: Kathy Hochul, Democratic | Governor of New York

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Governor Kathy Hochul Addresses Healthcare and Economic Challenges in New York Amid Federal Policy Changes

Published | Video Starts at 04:09

But also during our budget process, we had some instinct that this would happen, something would happen. That's why we stopped $400 billion in spending that was anticipated back during our budgeting process. That's why Our one time $3 billion inflation rebate is now a $2 billion inflation rebate. cutting a program that I believe in, but also trying to be cognizant of the fact that we may need that money for future challenges. (04:09–04:16)

CLAIM

Asserts that the inflation rebate was reduced from $3 billion to $2 billion.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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