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Kathy Hochul: “We're looking at a $750 million hit in the fourth quarter of…”

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 03:30

Now, the challenge that lies before us. And again, I want to acknowledge my team that's here. We're looking at a $750 million hit in the fourth quarter of this year, January till March, and a staggering $3 billion next year. That's why I've directed my agencies to create, to identify creative strategies that will limit long term damage to vital. But also during our budget process, we had some instinct that this would happen, something would happen. (03:30–03:43)

CLAIM

Asserts that New York is facing a $750 million budget shortfall in Q4 and $3 billion next year.

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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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