Hochul says there's a budget deal; Albany says not so fast episode artwork

EPISODE · May 8, 2026 · 35 MIN

Hochul says there's a budget deal; Albany says not so fast

from Off Topic/On Politics · host Spectrum News NY1

This morning, Gov. Kathy Hochul announced there was a "general agreement" between her office and Albany legislators on a $268 billion state budget. The spending plan includes auto insurance reforms, immigration protections, an energy rebate and more. However, state Assembly Speaker Carl Heastie called the announcement "premature," saying there is no final deal in place. NY1 investigative reporter Courtney Gross and political reporters Bobby Cuza and Ayana Harry discuss the latest drama surrounding the negotiations. After that, a viral video posted several weeks ago by Mayor Zohran Mamdani targeting hedge fund billionaire Ken Griffin continues to generate blowback. Griffin says he will add thousands of jobs in Miami instead of New York City amid the mayor's push to tax wealthy earners and corporations. The "Off Topic/On Politics" team breaks down the political fallout from Mamdani's social media strategy and examines whether he is taking the wrong approach with some of the city's wealthiest business leaders.

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Hochul says there's a budget deal; Albany says not so fast

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