New York Democrat Gov. Kathy Hochul has proposed $2.4 billion in spending for migrants in her latest budget proposal, along with plans to spur residential development in a state with high rent and home prices.
Key Points
Proposal includes $2.4 billion for migrant care and $1.1 billion for illegal border crossers in New York City
Plans to spur residential construction to address high rent and home prices
Criticism over lack of transparency regarding expenditure
Pros
Addressing pressures facing New York State
Investing in migrant care and residential development
Cons
Transparency issues over where the money is going
Potential increase in taxation for vacation rentals and hotel stays