Video: Watchdogs Ask Legislators to Reject “Corporate Handouts” in Final Budget

On March 2, more than 30 faith, good government and advocacy organizations from across New York sent a letter to Assembly Speaker Heastie and Senate Majority Leader Stewart-Cousins asking them to freeze all current corporate handouts and reject any new and expanded subsidies in the final budget. They say Gov. Kathy Hochul’s budget includes billions in new and expanded tax abatements, financing and other forms of subsidies to large corporations and wealthy investors, above the $10 billion currently spent by state and local governments.

Watch the press conference here