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Q&A
Discussion on the impact of Republican House bill on New York funding
2:05:15
·
98 sec
Council Member Restler and Director Jiha discuss the potential impact of the recently passed Republican House bill on New York State funding.
- OMB is continuing to assess the bill's impact, as it's not yet final
- Restler suggests the potential loss to New York State could be approximately $15 billion
- Jiha acknowledges that such a loss would be extremely difficult for New York City to absorb
- OMB commits to fighting for every federal dollar that New Yorkers deserve
- Discussion touches on potential impacts on Medicaid and food stamps
Lincoln Restler
2:05:15
Last one for me, and thank you for the modest amount of extended time.
2:05:21
Have you done an updated analysis on the loss of funding to New York State since on the impact of the Republican House bill that passed last week?
Jacques Jiha
2:05:31
We continue to do our own assessment of the bill because as you know, that this is not the final.
2:05:39
Okay.
Lincoln Restler
2:05:40
Could you do you have a number on what your expect expectation is for how much how much funding would be lost to New York State?
2:05:46
No.
2:05:47
Approximately $15,000,000,000?
Jacques Jiha
2:05:48
We don't we don't have we don't have yet a full bill to do, you know, a full assessment of the entire because we have to wait for the senate.
Lincoln Restler
2:05:56
We certainly don't have a bill that's passed both chambers, but we have a a bill that would be catastrophic if it were passed.
2:06:02
It's a $15,000,000,000 loss in funding to the state of New York.
Jacques Jiha
2:06:05
That would be very that would be very extremely difficult for New York City to to absorb.
Lincoln Restler
2:06:10
And is this is OMB aggressively advocating for changes around Medicaid and food stamps in particular to protect low and moderate income New Yorkers, immigrant New Yorkers?
Jacques Jiha
2:06:24
We basically, as I said earlier, we will fight for every federal dollar that New Yorkers deserve.
2:06:34
Yeah.
2:06:35
Okay.
2:06:35
As I said, New Yorkers paid their fair share of federal taxes.
2:06:41
Okay?
2:06:42
And they should not be penalized Yeah.
2:06:46
Because the city is following state and city laws.