N.Y. Gov. Cuomo Presents Highlights of FY 2022 Budget to Reimagine, Rebuild and Renew N.Y.
Earlier today, Governor
The full PowerPoint presentation is available here: https://protect2.fireeye.com/v1/url?k=e02158c0-bfba6007-e023a1f5-000babd9f75c-ed17d80ca7a57090&q=1&e=ef55dcf0-b899-457b-a4cd-46e0d32d0f12&u=https%3A%2F%2Fwww.dropbox.com%2Fs%2F4yffvvz6r3f1dzo%2F2021%2520post-budget%2520ppt%2520final.pdf%3Fdl%3D0
It's a great day in the
A lot of information to go through. This budget is certainly the most robust, most impactful, most important budget that we have done in this state, I believe, in modern history. It's the budget for fiscal year 2022, and it is the most important plan that this state has done. A budget really isn't a budget. It's not just about the numbers. It's an action plan for the future, and this one is a three-year COVID management, recovery and renewal plan.
This is a different time in history, my friends. We haven't been here before. We have challenges that we've never had before and we have opportunities that we never had before. We have COVID - that is still very much alive and well and it is still causing deaths and we cannot move past that. It has to be our main focus. We have to manage COVID and then we have to appreciate that COVID is not just a
COVID is not just going to go away. COVID had transformative impacts on society and I think it's important to realize that. If you just think that COVID is going to pass like a season and everything is going to go back to normal, then I think you failed to understand the impact of what we just went through.
So our plan - we have three main goals - number one, manage COVID. Number two is COVID relief, make up for the damage that has been done over the past year, and third, seize this moment to actually reposition
The budget on the numbers - federal aid unrestricted was
What this budget does is it has a PIT surcharge and a corporate franchise tax. There are no other taxes. Just those two taxes. In the first year the PIT surcharge raises
There will be no capital gains tax. There will be no estate tax. The feeling was that those taxes would od damage to the state and actually cost the state more money than we would raise. The PIT top rates start from
These tax changes anticipate the repeal of SALT. When SALT is repealed, taxes net in
The federal
I do not believe the federal government can pass another tax plan without repealing SALT. I don't believe that they can come home to
The three main goals, COVID management. COVID is still a threat. I was on the telephone with the
I understand COVID fatigue and I understand we've been doing this for a long time and people just want to move on, but that denies reality. 59 New Yorkers died yesterday from COVID. 400 New Yorkers died over the last week from COVID. We're not past COVID. A denial of a problem is a sure way to be overcome by the problem. COVID management is our first priority. Vaccinating New Yorkers is my first priority. We've done it many different ways with many different campaigns, but we have to get it done.
Increasing our testing, increasing our vaccination efforts, making sure vaccines are available, free, equitably. Today, every
We're going to launch a public education campaign. We opened one two days ago - the 'Roll Up Your Sleeve' Campaign. Yesterday we started the 'Get Vaccinated' Campaign explaining to people that it's not just about you, it's about the people who you can affect. This is safe - over 10 million New Yorkers have taken the vaccine - it's safe. It's your citizen duty to take the vaccine. We also want to learn from what we went through and we're going to have certain reforms post-COVID and they're in this plan. Increasing access to telehealth for all New Yorkers - this was an eye opener. Telemedicine works, telehealth works. You don't have to show up in the doctor's office for everything, it can be very efficient and effective if you have broadband service, if your health care provider uses it. But we want to make massive strives in telehealth.
We are also setting up a new type of public health corps. What this really requires in a pandemic is an emergency management response for public health. It's not what agencies normally do.
We also have to educate our citizens. We had a big problem here with the anxiety, the unknown - what is COVID? I can't see it, I can't feel it. What are the real facts? And that anxiety creates a problem in and of itself. We've developed a course with
Eliminating health care premiums - we eliminate health care premiums for more than 400,000 New Yorkers because COVID showed up we need health care as a human right. Mental health and addiction - we are launching 24-hour urgent care centers. This is an unforeseen but very real byproduct of COVID, has been the mental health, the stress, the isolation, the addiction problems, the domestic violence problems. And we have to recognize it for what it is and we have to address it.
COVID relief - people were devastated by COVID and what happened with the economy and before you can move forward, you have to stabilize society. Andthat's COVID relief -
We also want to make sure that there's enough fair and safe housing, and we're investing in capital constriction and public housing and transitional rent supplement program, and
Reopening small businesses, which took it right on the chin. And the arts, which are so vital to
Helping the middle class, we have a tax cut for the middle class in this proposal. It reduces the personal income tax, saving 4.8 million New Yorkers over
We're also going to repay our state workers. I want to say a special thank you to the state workers. We delayed payment to the state workers because of the fiscal crisis we were in. We're going to repay that
Support for excluded and unemployed workers, just because you are undocumented doesn't mean we don't care and we don't have compassion, and we don't want to help. It is difficult to do it in a way that can be administered without fraud, and that's obviously a major concern for us that we protect every tax dollar. We ran an unemployment insurance program for citizens of the state, there was tremendous fraud even through we took significant measures. On this program, we'll ask the comptroller to review it before it is administered. The comptroller's job is to audit state funds. After a program is run, the comptroller will come back and do an audit and said, you did this wrong, this wrong, this wrong, this wrong. In this case, we're asking the comptroller to look at the program first to make sure the way it is designed, there are fraud protections. And we're asking the Attorney General to specifically review the program, the guidelines, the rules, to make sure there are anti-fraud protections. And if there is any fraud, or anyone intends to commit a fraud, that the program is designed in a way that will prevent that. We want 100 percent integrity for tax dollars. Until the Attorney General reviews and signs off on the program, we will not implement the program, because we want New Yorkers to know, yes, we're compassionate and we're doing the right thing, but we're also doing it smartly and intelligently, and the Attorney General's approval of the program will do just that.
Many people went hungry.
When I was in the federal government, I used to do disaster relief, and I remember standing in front of a home that was flood-damaged. And floods, sounds like water comes in the water goes out. That's not what a flood is about. A flood is nasty. It brings mud, it brings all sorts of debris, it damages everything it touches. And a family was picking through their belongings. It was a very sad sight. And the father of the family called them over, and had them stand looking at this destroyed home. And many were distraught, and they were crying, and the father said, think about what the new house is going to look like - now we can get rid of that old refrigerator, now we can build a new family room, we can redo the basement. You're not going to replace what was - life is not about going backward, life is about going forward. And yes, this has been a significant period of loss and damage, fine. How do you rebuild better? There are things that we needed to do better anyway. So seize this moment to make it happen and seize the opportunity to lead in this post-COVID world.
We're going to have, and just are approving when the Assembly finishes voting, the largest building program in modern history in the
We're going to be the green energy capital of the nation, period. The largest offshore wind program in the nation, making a global wind energy manufacturing powerhouse right here in
More economic development because it is about jobs -
And this issue, police reform, is normally not something people think about when they think about economic development. But, you want to know one of the first questions a family asks before they move into the area, or a business asks before they move into the area? "Is it safe?" You know what one of the top priorities for government is still? Public safety. We've gone through a national crisis with
Now, most governments turned a blind eye and I had hundreds of conversation with local officials and I said, "This is a moment for reform. Put the police at the table, put the community at the table, talk it through." That's the only way to resolve the tension in a relationship - talk it through, tell me your grievance, tell me your problem and then let's find out how to compromise and how to get to a relationship that is functional rather than dysfunctional. But, politicians don't like to get involved in controversial issues. Why? Because they're controversial and you can't make everybody happy. And a lot of the politicians take the posture well if I can't make everybody happy I'm staying away from that issue. "Oh, some people oppose it? Well then I don't want to take a position." Ignoring a problem solves nothing. That is a life motto I tell my kids every day, it's also true for government. We said, with a nation that was paralyzed on this issue, we said in
We legalized recreational cannabis. I tried for three years, but we got it done this year. Third time's a charm. It's a smart plan. I think it's the best plan in the country. It's also going to raise
Mobile sports betting will pass. It will generate
On education, we've made record investments, funding the lower-funded schools to bring them up to offer the best education that we can. Remember in this state, you have some schools that fund
Increasing accessible and affordable broadband for families that are lower income --
Major funding and job training through
We addressed systemic injustices - hate crimes, our
More funding to make voting better, easier and increase early voting.
I had proposed the Restore Mother Nature Bond Act - something I'm very excited about - a
We're also going to learn from what happened in nursing homes. We have nursing home reform legislation to make sure that facilities are prioritizing patient care over profits. There are two types of nursing homes: not-for-profit and for-profit. For-profit nursing homes pose a tension - I analogize them to for-profit prisons. How do you make profit in a nursing home? You reduce your cost. How do you reduce your cost? You reduce the services to patients, reduce the food budget, reduce the staffing budget, don't invest as much in the facility. That is a destructive tension. So what we're saying to the for-profit nursing homes, we want the money that gets paid to you either from the state or from the family, we want that money going to patient care and patient services. So we're capping the profit that they can make at a for-profit nursing home at 5 percent. Everything else has to go into the nursing home and the care of the patient.
And we're going to have the largest infrastructure - bad word, infrastructure is building, building a transportation network, building an economic platform -
In the
I'm from
The new Third Track funded, completed this year, that's going to revolutionize the commute from
Commuting in this new remote world can't be running the gauntlet. Commuting has to be pleasurable, fast and predictable, and getting on the train from
JFK,
We're also moving forward with a LaGuardia AirTrain which will cut down travel time. More investment in the MTA,
We are working with the federal government on the
The
Javits Center, which at one time when it opened in the mid-80s, was the state-of-the-art. Other convention centers have gotten bigger and Javits has been less competitive. 50 percent expansion on Javits, which abuts our west side redevelopment. It will become an international venue, and I was there yesterday, it's happening, it'll be done on time. Extending the High Line to this new area, which is a great tourism and resident treat, and after 23 years,
Last point is look, this is a moment in time that we are in. And it's a moment of international reset. I say to people, I say to my kids, I said it again last night, in life, things will happen, and unfortunate things will happen, and bad things will happen. Doesn't even have to be a function of anything you do. Life will knock you on your rear end. You will lose a job. You'll get disappointed in a personal relationship. You'll have a health crisis. Your spouse will have a health crisis. God forbid your child has a health crisis. Something will happen. Something will happen. It's the law of probability. And you'll get knocked on your rear end. Now, when you get knocked on your rear end and you get knocked on the canvas, you see the world from a different perspective. You're flat on your back, you're looking up, and you see the sky. And you see the world differently. And the question in life, what separates winners from losers, successful people from unsuccessful people, what do you do when you get knocked flat on your back? That is the moment that decides who you are, here, and here. COVID knocked the world on its back. The world. Not just
Yes, COVID posed major challenges. And yes, you're not going back to the way it was. There is no going back. The question is who deals with this new reality, and stands up, and confronts it, with energy and imagination and creativity? Yes, we have COVID. And yes, we still have to deal with COVID. And yes, COVID is just an eye-opener on our need for public health, and we should have learned from Ebola, and from dengue, and from the past 20 years of pandemics, but we didn't. And now we have COVID. And there'll be another one after COVID. And that is a new reality that you have to deal with. Working remotely is not going away. People have done it for a year, some people like it, some people want to find a hybrid, but that's not going away. "Well, go back to the way it was. Get in the car, drive to work, pay for parking, come home, spend another hour in the car." Some people are going to say, "no, I'm going to work remotely." It is going to change the way people live and work. That is going to happen. Deal with it and recognize it. We have social unrest that we haven't had since the 60s. This police community tension is real; it is palpable. The racial tensions we have, the religious tensions we have, the anti-Semitism we've been seeing, the anti-Asian behavior that we're seeing today in this country, the melting pot, E Pluribus Unum; it is real and it has to be dealt with.
Increased crime -- you look at our city, the crime rate is going up and it's frightening and people are scared. They are frightened. You have crime, and random crime, and death, and shootings in a way you haven't had in decades. Homelessness is out of control, and it gives a sense of not only sadness that we have our fellow human beings living on the street, but it increases the sense of chaos and out of control, and we're incompetent as a government. There's an overall sense of urban insecurity. The density that makes an urban area I now find threatening, and people fled from the urban areas, and they went out to their summer homes, they went out to other parts of this country. Why? Because the density that I once loved, that energy, that concentration now makes me feel insecure. This is not going away.
So, the question is what country deals with it first and best? What region deals with it first and best? What state deals with it first and best? What city deals with it first and best? You answer that question and I'll tell you the place that emerges for a new, and better, and brighter future. I'll tell you who gets up off the mat stronger, and better, and smarter for the experience. That's why this is a
We are going to be better than we've ever been before. It's in here. We've done it before. We went through the Great Depression and we got the better and stronger for it. We came back after World War 2. We had the 60s and the 70s and the urban decline, and the fiscal crisis, and the fear, the pandemonium of urban areas. We went through 9/11, which was devastating, devastating. 2,900Americans lost. We just lost 40,000 New Yorkers to COVID. But we came back after 9/11. We came back after Super Storm Sandy and we're going to come back after this.
I want to thank the legislature for getting this budget done in what was a surreal situation. Speaker
It's a timely budget and under extraordinary circumstances, and it's the most important budget, the most important plan that we've done. Congratulations to New Yorkers. We've made it through the COVID winter. I just celebrated Easter, Catholics celebrated Easter. Spring is here, it's renewal. Let's seize the COVID Spring. It's up to us to seize the COVID Spring and we will, because we are
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VIDEO of the Governor's remarks is available on YouTube here (https://youtu.be/J8ZcZ29tFKg) and in TV quality (h.264, mp4) format here: https://spaces.hightail.com/receive/3XQwIwpKpV
AUDIO of today's remarks is available here: https://soundcloud.com/nygovcuomo/040721-red-room-budget-briefing
PHOTOS will be available on the Governor's Flickr page: https://www.flickr.com/photos/governorandrewcuomo/albums/
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