A report by the state comptroller finds that New York ranks number one in being shortchanged in tax money from the federal government.
A report by Comptroller Tom DiNapoli finds New Yorkers gave $26.6 billion more in tax money in 2018 to the federal government than they got back, ranking it 50th among the 50 states. New York receives 90 cents in federal funds for every dollar it gives.
“We are part of a very small number of states that are net donors to the federal government,” said DiNapoli, who said New York’s congressional delegation should push the issue during budget negotiations.
“A little fairness would be nice,” said DiNapoli, who cautioned that the imbalance could get worse if the Trump administration continues to cut back on some popular federal programs.
“Already you saw this administration, not even by legislative action, tightening up the SNAP regulations on nutrition. That’s a program that New Yorkers benefited from. So, so the concern is, and why we do this on a multiyear basis, the concern is what the trend will be.”
New York ranks number one, however, in the amount of money it draws in through the federal Medicaid program that provides half of the funding for the government-run health care programs. Despite that, the state is facing a $6 billion budget deficit due to Medicaid cost overruns. DiNapoli says he’s looking to see how Governor Cuomo’s budget plan, due soon, will try to fix that.
