FPI Briefing: First Look at the Executive Budget FY 2027

January 22, 2026 |

On January 22, 2026, FPI presented a first look to Governor Kathy Hochul’s Executive Budget for Fiscal Year 2027. You can watch the recording below.

Chief Economist Dr. Emily Eisner began with an overview of New York’s political and economic landscape, including the State’s historic opportunity to fund free, universal childcare, and the impact of OBBBA budget cuts.

Director of Fiscal Research Andrew Perry discussed the state’s firm economic standing in terms of gaps, reserves, and surpluses. He then dived into how universal childcare will look according to the executive budget and discussed its plan for different age groups.

Director of Health Policy Michael Kinnucan broke down the existential threat New York State’s public healthcare system is facing, and ways the state can prevent loss of coverage. He discussed how New York Medicaid is shrinking, addressed the narrative of “unsustainable” spending growth, the fate of the Essential Plan and safety net hospitals, among many other topics.

Dr. Eisner closed with a discussion of food security and housing in light of the Governor’s commitment to affordability. She argued that the state should implement state-funded SNAP supplements and increase funding to help individuals meet work and disability waivers. Eisner then addressed the Governor’s plans for affordable housing development and the lack of funding plan for NYCHA.

Please join us on Thursday, February 19, for our 2026 Budget Briefing, which will be an extended look at the Executive Budget going into greater detail and presenting FPI’s policy proposals.

Published On: January 22nd, 2026Categories: Featured on Home, Past events, Reports, Briefs and Presentations, State Budget

FPI Briefing: First Look at the Executive Budget FY 2027

January 22, 2026 |

On January 22, 2026, FPI presented a first look to Governor Kathy Hochul’s Executive Budget for Fiscal Year 2027. You can watch the recording below.

Chief Economist Dr. Emily Eisner began with an overview of New York’s political and economic landscape, including the State’s historic opportunity to fund free, universal childcare, and the impact of OBBBA budget cuts.

Director of Fiscal Research Andrew Perry discussed the state’s firm economic standing in terms of gaps, reserves, and surpluses. He then dived into how universal childcare will look according to the executive budget and discussed its plan for different age groups.

Director of Health Policy Michael Kinnucan broke down the existential threat New York State’s public healthcare system is facing, and ways the state can prevent loss of coverage. He discussed how New York Medicaid is shrinking, addressed the narrative of “unsustainable” spending growth, the fate of the Essential Plan and safety net hospitals, among many other topics.

Dr. Eisner closed with a discussion of food security and housing in light of the Governor’s commitment to affordability. She argued that the state should implement state-funded SNAP supplements and increase funding to help individuals meet work and disability waivers. Eisner then addressed the Governor’s plans for affordable housing development and the lack of funding plan for NYCHA.

Please join us on Thursday, February 19, for our 2026 Budget Briefing, which will be an extended look at the Executive Budget going into greater detail and presenting FPI’s policy proposals.

Published On: January 22nd, 2026Categories: Featured on Home, Past events, Reports, Briefs and Presentations, State Budget