NY Comptroller Warns of Growing Deficit From Health-Care Cuts

Aug. 28, 2025, 7:07 PM UTC

Federal health-care cuts threaten to widen New York State’s three-year $34 billion deficit by another $10 billion over the next two fiscal years, according to state Comptroller Thomas DiNapoli.

“We need to start planning now so we can avoid the kinds of changes in terms of cuts and revenue impact that could hurt New Yorkers,” DiNapoli said in an interviewon Bloomberg Television. “If folks don’t have health-care coverage they’re still going to show up at the hospital emergency room. If they are not covered it will have to paid for somehow.”

New York State Comptroller Thomas DiNapoli discusses the state’s cumulative three-year budget shortfall of $34 billion with Scarlet Fu on “Bloomberg Markets.” Source: Bloomberg

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