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Albany Speaker Proposes Alternative Budget, Avoids Tax Hikes

4/2/2026

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Story summary
  • In Albany, New York, City Council Speaker Julie Menin proposed an alternative budget to Mayor Zohran Mamdani's plan that avoids tax increases and closes a $5 billion gap with $2 billion in savings.
  • State Assemblyman Charles Fall supports the approach, arguing tax hikes are unnecessary due to wasteful spending.
  • Governor Kathy Hochul will not provide state resources beyond the $1.5 billion committed, while Mamdani shifts to smaller corporate tax hikes.