No state budget deal until Monday at the earliest, lawmakers say

Stewart-Cousins and Heastie met with Hochul Thursday afternoon.

Good afternoon — it’s Thursday and Bring Your Kid to Work Day.

In today’s CapCon:

• Legislative leaders emerged from a meeting with Hochul Thursday and gave us an update on where the state budget stands.

• Several issues, including Foundation Aid and the unemployment insurance debt, remain unresolved.

• Hochul has reengaged lawmakers on a Medicaid cost-savings proposal she wants in the final budget. They’re opposed.

• The Department of Health is proposing a regulation that would allow more foreign medical school graduates to practice in New York.

Names in today’s CapCon: Kathy Hochul, Carl E. Heastie, Andrea Stewart-Cousins, Ken Raske, Eric Linzer, Gustavo Rivera, J. Gary Pretlow, Liz Krueger

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The state budget was due April 1. We’re keeping you updated on negotiations around the spending plan.

Stewart-Cousins and Heastie (Lori Van Buren/Times Union)

💰 No budget agreement expected until next week

If you’re waiting on the edge of your seat for an agreement on the state budget, you’ll have to keep waiting. There wasn’t one Thursday.

Both Assembly Speaker Carl E. Heastie and Senate Majority Leader Andrea Stewart-Cousins met with Gov. Kathy Hochul for about an hour and a half Thursday afternoon and emerged without news of a deal.

I joined my colleagues to ambush both of them on the way out to get a sense of where the budget stands and when we’ll know more.