New York's governor wants to tackle the state’s budget gap through controlled spending rather than major revenue increases.

Gov. Tim Walz's plan relies on $2 billion of new general obligation borrowing.

New York City Council member Daniel Dromm and Citizens Budget Commission president Andrew Rein explore the effects of looming state Medicaid cuts on the city's $95.3 billion preliminary budget. Paul Burton hosts from City Hall.

The governor has recommended a $54.15 billion budget amid flat state revenue collections in the current fiscal year.

Mayor praised for restraint ahead of uncertainty about possible big cuts to city services by Albany.

NYC OMB Director Melanie Hartzog speaks about budget reserves.

NYC Council Finance Chair Daniel Dromm talks to Paul Burton on the budget process.

New York City Mayor Bill de Blasio unveils his preliminary fiscal 2021 budget.

Gov. Phil Murphy’s administration had held funds in reserve since July citing concerns about revenue projections.

Rhode Island's governor is asking lawmakers to forward $269 million worth of initiatives to voters.

The mayor warned about looming state Medicaid cuts in his media briefing on the preliminary spending plan.

Gavin Newsom's budget arrived in the same week BlackRock's CEO advised that climate change is reshaping the financial system.

Eric Holcomb pushed a similar early payment last year when he announced the use of $150 million of reserves to pay off a pension liability.

The New Jersey governor is continuing his push for a tax on incomes above a million dollars after lawmakers rebuffed him during his first two years in office.

For the next fiscal year, which begins Oct. 1 , the general fund is projected to have $235 million more than estimates made last May, bringing the total to $11.2 billion.

The state would boost spending on education under proposals from the governor and the legislature, both led by Democrats.

Gov. Andrew Cuomo’s warnings that cities could absorb more Medicaid costs have triggered uncertainty about the city's budget.

Gavin Newsom's proposed budget would support a $4.7 billion climate bond, create the state's own generic drug plan and add undocumented seniors to Medi-Cal.

Political support lagged strong private interest in a potential privatization deal for the St. Louis airport.

Oklahoma saw its economy steadily slowing through 2019, according to Treasurer Randy McDaniel.