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Politics : View from the Center and Left
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To: zax who wrote (539007)9/15/2025 12:27:56 PM
From: kidl   of 541582
 
According to AI ...

Federal Funding to New York State

Total Federal Transfers
  • In fiscal year 2022, New York received approximately $117.5 billion from federal transfers.
  • This amount represented 9.3% of all federal transfers to states.
Breakdown of Federal Transfers
  • Public Welfare: 58% of federal transfers were for public welfare programs, including Medicaid and cash assistance.
  • Other Categories: 20% of the transfers were allocated to various other programs.
Federal Contributions from New York State
Tax Contributions
  • In 2023, New Yorkers contributed about $89 billion more in federal taxes than they received in federal funding.
  • The state paid a total of $4.67 trillion in federal revenue, with significant contributions from individual income and payroll taxes.
Per Capita Contributions
  • New Yorkers contributed approximately $14,000 per resident to federal coffers.
  • Comparatively, Delaware had the highest per capita contribution at $24,575.
Balance of Payments
  • New York has recently shifted to receiving more federal funding than it pays, a trend noted for four consecutive years as of 2023.
  • This change marks a significant shift from previous years when New York typically paid more than it received.
This overview highlights the complex relationship between federal funding and contributions in New York State, illustrating both the significant federal support the state receives and the substantial taxes its residents pay.
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