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Hochul Floats Sending $300 Checks to Residents

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“New York Gov. Kathy Hochul (D) wants to send about $3 billion back to 8.6 million New Yorkers in a bid to alleviate inflation costs for working families,” Bloomberg reports.

“The one-time, direct payment is the first proposal in Hochul’s 2025 state of the state, which she is set to deliver on Jan. 14. New Yorkers would begin receiving the checks in the fall of 2025, if the legislature approves the initiative. The state will tap excess sales-tax revenue to send $500 to families making as much as $300,000 and $300 to individuals earning $150,000 or less, Hochul announced Monday.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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