By Winston Wendell – Investigative Journalist
October 13, 2026
The 2026 gubernatorial race between Governor Hochul and Nassau County Executive Bruce Blakeman is an important choice, for northern New Yorkers … let’s review Bruce Blakeman’s proposed budget plan. Let’s look at what it would mean for families, farms, and small businesses. With Blakeman’s emphasis on his proposed spending and fiscal conservatism, the tax and trade policies he espouses threaten to raise New York’s budget deficits and affect the competitiveness of the state’s economy. Here are five ways Mr. Blakeman’s fiscal and trade policies may hurt the budget and the economy of New York.

- “Flat-Tax” Plan Would Underfund New York’s Budget and Families
Bruce Blakeman has advocated for a flat income tax rate of 22 % for New Yorkers in his proposed fiscal policy, yet the New York State Department of Taxation and Finance estimates that the progressive income tax code responsible for funding education, transportation, and the state’s health-safety net now generates $84 billion for the state budget each year.
A flat-tax system would generate an estimated $12‑15 billion in the first year (Brookings Institute, 2025 fiscal simulation). For northern counties that rely heavily on state aid for school districts and road maintenance, this shortfall could translate into $200-$300 million less in local school funding than the current income tax code.
- Reduction in “Growth Fund” Threatens Broadband Access For Rural New Yorkers
In his proposed budget, Blakeman plans to reduce the New York State Economic Development Fund by 30 % to rein in spending. The current fund allocates $2.5 billion towards small-business grants, broadband expansion, and renewable energy projects for a state where 30 % of rural areas lack broadband access.
Reduction of the fund by 30 % would lead to a $750 million in grant money, jeopardizing the NY Rural Broadband Initiative, which is projected to add $1.4 billion loss in economic growth over a five-year span, according to the NYC Economic Development Corporation, 2025. This would adversely affect the competitiveness of northern New York, where broadband access is a barrier to entry for modern farmers and tele-health services.
- Advocacy For Trump-Era Tariffs Will Harm New York’s Economy
Bruce Blakeman has expressed his support for the Trump administration’s “America-First” trade policies that involve imposing higher tariffs on steel, aluminum, and specific agricultural products to reduce the trade deficit and protect domestic manufacturers from foreign competition.
While Trump’s (Mr. Blakeman’s) position is designed to benefit the manufacturers in the “Rust Belt” region of the state, steel tariffs of 25 % have already led to an $8 billion increase in production costs for manufacturers in upstate New York, according to a 2024 report by the New York Department of Labor. Additionally, higher tariffs on Canadian dairy and grains will result in higher feed costs for New York’s dairy farms, which will suffer as a result of the increased costs in the wake of the COVID-19 pandemic and disrupted supply-chains.
Mr. Blakeman support of tariffs on steel/aluminum manufacturing firms in upstate will face higher costs and reduced competitiveness to other manufacturers. This will lead to reduced job-growth in manufacturing, as well as higher tax revenues for the state.
- “Balanced Budget” Leaves Out Costs Of Reductions In Social Services
While Mr. Blakeman’s proposed fiscal policy promotes a “balanced budget,” his proposed cuts to social services such as a 20 % reduction in Medicaid funding would lead to higher uncompensated care costs for hospitals and a rise in uninsured rates in New York. The state’s Medicaid expansion currently provides coverage to more than 500,000 low-income residents in the Adirondack and Mohawk Valley regions, according to the New York Health Policy Council.
The removal of this funding would raise uncompensated care costs for hospitals by an estimated $1.2 billion and raise insurance costs for the average New Yorker by 1.5 %, according to a 2025 study by the New York Hospital Association. This will negatively impact the state’s $1.7 trillion economy by reducing consumer spending power and increasing personal debt.
- Pension Reform Threatens To Underfund State Workers’ Retirement Plans
Mr. Blakeman’s proposed pension reform, which would raise the retirement age for state employees from 62 to 68, and increase employee contributions to the pension fund, threatens to exacerbate the funding gap for the New York State Common Retirement Fund, which is currently 84 % funded.
The combination of increased retirement age and higher employee contributions will increase turnover of experienced teachers and public employees in northern New York, affecting educational and municipal outcomes for the region.
Bottom Line for Central and Northern New Yorkers
With the proposed fiscal policies of Bruce Blakeman threatening to reduce revenue-generation for the state, increase costs for manufacturers and farmers, and reduce access to essential services, many northern New Yorkers are concerned that Mr. Blakeman’s plans will hurt the state’s economy more than help it.
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