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Hochul FY27 Budget: $30M Farm Tariff Relief, Auto Reform

Governor Kathy Hochul announced FY27 budget proposals at Wagner Farm in Poestenskill, NY, including $30 million in direct tariff relief for New York farmers to offset increased costs from federal tariffs on equipment, fertilizer, and supplies. The Governor also highlighted auto-insurance reform proposals targeting fraudulent claims, with New York drivers paying an average of $4,000 per vehicle—approximately $1,500 more than neighboring states.