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Story summary
- New York Governor Kathy Hochul resists tax increases despite pressure from New York City Mayor Zohran Mamdani.
- On Monday, the State Senate and Assembly are expected to propose budget tax increases to generate an additional $5 billion for New York City.
- Budget talks will involve Hochul, Senate Majority Leader Andrea Stewart-Cousins, and Assembly Speaker Carl Heastie, with a deadline of April 1, 2025.
