Senator George Borrello argues that New York’s current fiscal trajectory is a dangerous death spiral fueled by excessive spending and a looming battle over aggressive tax increases. He contends that the state’s budget vastly outpaces more populous states like Florida and Texas, primarily due to systemic waste and Medicaid fraud involving millions of ineligible enrollees. Borrello criticizes Democratic leadership for proposing higher taxes on the wealthy and corporations as a "hostage situation" rather than addressing government inefficiency. Learn more about your ad choices. Visit megaphone.fm/adchoices