@GovKathyHochul Read our full statement:

This morning, @GovKathyHochul proposed a meager $11 million plan to support food banks statewide in order to mitigate the effects of the SNAP cuts – but this commitment pales in comparison to the $700M/month cost of ensuring food security. New York should instead commit to

"Now that we have enough data to study the 2021 tax increase, that increase did not lead to more out-migration for high earners." — @EmMurphEis in today's Morning Spew

• The 2021 personal income tax (PIT) increases raise an estimated $3.6 billion annually, boosting state revenue without triggering increased out-migration among high earners. • There was no notable increase in out-migration among high earners following the 2021 tax changes

🚨New Tax Data Confirm Tax Flight Is A Myth The NYC mayoral race has reignited debates over whether increasing taxes on high earners will cause them to move away in search of lower tax rates. Critics of @ZohranKMamdani's plan to fund social programs argue that raising taxes on

Together we convinced the State to pay down its $7B debt, raise the maximum weekly UI benefit rate, and expand the taxable wage base to increase the fund’s long-term fiscal stability. Read @EmMurphEis's report from April. https://t.co/A87XgzGNvo

Much needed NY unemployment benefit increases go into effect on Monday. We're proud to have worked with the AFL-CIO to help reform this system. https://t.co/oMGUrMPYTu

Congress must ensure healthcare affordability—the Republican demand to cut premium tax credits would spike New Yorkers’ healthcare costs. Congressional Democrats have had little choice but to force a shutdown. Republicans have refused to extend enhanced Premium Tax Credits for

Read Samuel Stein's analysis of stabilized rent increases https://t.co/YqpaorCYdc and @EmMurphEis's testimony before the RGB https://t.co/J8KEf8Kq82

Rent increases are contributing to an affordability crisis in NYC. A new factsheet from @CSSNYorg draws on our testimony before the Rent Guidelines Board to show that hikes for rent-stabilized tenants under Adams & Bloomberg have caused rents to outpace the cost of other goods.

Yesterday, two members of the Fiscal Policy Institute’s senior staff presented testimony to @NYCCouncil on the impacts of the One Big Beautiful Bill Act (OBBBA). Andrew Perry, Director of Fiscal Research, explained that the OBBBA will require New York State to cover an

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🗽NY’s income inequality rose in 2024— remaining the highest of any state, while national inequality fell.

💸Top 20% of NY households saw 2.9% income growth (vs. 1.4% nationally), and the top 5% saw 3.8% (vs. 0.7% nationally). NY’s comparatively small middle class is shrinking, with 13% more households earning <$25K and 26% more earning >$200K than the US average

📉NY job growth is sluggish at 0.6% in Q1 2025 and 1.2% in 2024, trailing national averages. High-paying industries—and historic federal tax cuts for these same top earners—are fueling growth in wages for high-earners, not jobs.

🔎In Q1 2025, NY wages grew 8.0%, outpacing the US at 4.8%. But low-income households saw only 0.7% income growth (vs. 1.9% nationally) and middle-income households 1.6% (vs. 2.1% nationally).

New data from @uscensusbureau & @BLS_gov show rising income inequality in New York. Top earners are driving strong wage growth, while low- and middle-income households lag behind. (1/6)

High health care prices have played a major role in premium growth in recent years. Only a comprehensive set of price regulations can help address the root cause of unaffordable health insurance premiums in the state. Read the full brief: https://t.co/fZqB5gvO26 (7/7)

To ensure the small group & individual marketplaces can provide affordable, high-quality insurance for all, policymakers should adopt measures to stem enrollment losses and address high premiums. As we reported in July: (6/7) https://t.co/MM4csFKheQ

Unfortunately, @NYDFS's rate increases indicate that these trends will likely continue. Oxford Health Insurance (subsidiary of @UHC), the largest insurer in NYC & Long Island's small group markets, has an approved increase of 11.8% for 2026, more than 2x its 2025 increase. (5/7)