Blakeman: I'll dip into $3.8 M Hochul 'slush fund' to lower NY taxes https://t.co/7z0vZk6ift pic.twitter.com/iHaG5zLG0d
— New York Post (@nypost) May 9, 2026
Republican gubernatorial candidate Bruce Blakeman says he wants to dip into a nearly $4 billion state discretionary fund set aside to help keep New York afloat during economic downturns to provide immediate tax relief to New Yorkers.
The Nassau County executive and presumptive GOP gubernatorial candidate accused Gov. Kathy Hochul of using the state’s “reserve for economic uncertainties” fund, which currently holds $3.8 billion, as nothing more than “secret slush fund.”
If the state really needs to secure emergency funds, he’d dip into the state’s $9.2 billion “rainy-day reserve,” he added.
“New Yorkers pay some of the highest taxes and utility costs in America,” Blakeman told The Post.
The $3.8 billion in reserves “could lower your bills, invest in our kids’ education, and provide permanent tax relief,” he said.
https://nypost.com/2026/05/09/us-news/blakeman-ill-dip-into-3-8-m-hochul-slush-fund-to-lower-ny-taxes/?utm_campst&uttter