State lawmakers have reached a deal for New York's budget for the 2014-15 fiscal year.

The $140 billion budget deal will offer tax relief to businesses and homeowners, and it will also give New York City $300 million for universal pre-kindergarten classes.

Mayor Bill de Blasio has pushed for all-day pre-K in New York City, funded through a tax of the city's highest earners. Gov. Andrew...

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