New York is spending more than it gets, according to a new report.
But this time it’s not taxpayers who are paying extra. It’s New York State, who is paying more to the federal government – than they get in return.
A report released Tuesday says New York paid $26.6 billion more in federal taxes in the fiscal year ending in 2018 than in got back in federal funds.
New York has seen a gap since 2013 when it totaled $19.9 billion.
Comptroller Thomas DiNapoli says the ongoing trend makes it critical that the upcoming 2020 census is accurate.
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