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Hochul's spending plan takes another swing at government efficiency

Governor Kathy Hochul of New York has proposed a $233 billion budget for the upcoming fiscal year, focusing on enhancing government efficiency. Key elements of her plan include consolidating back-office functions across state agencies to reduce redundancy, aiming to save $500 million over two years. This initiative follows previous attempts to streamline government operations, such as merging the Department of Financial Services with the Department of Insurance. Additionally, Hochul's budget addresses the state's housing crisis by proposing to build 15,000 new homes on state land, and it includes measures to increase the minimum wage and provide tax relief for certain New Yorkers. Despite these efforts, the budget has sparked debate, particularly over its approach to education funding and the lack of new revenue sources to fund these initiatives.

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[ https://www.msn.com/en-us/news/politics/hochul-s-spending-plan-takes-another-swing-at-government-efficiency/ar-AA1yk1QY ]