Good morning, New York City. Here's what you need to know today.

Your Weather Planner

The morning will start off cloudy, but the clouds will clear heading into the afternoon.

It will be breezy at times, and highs will be in the upper 30s.

Highs: Upper 30s
Lows:
 Mid-20s
Partly sunny

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Around NYC

1. 6 things to watch for in Hochul's budget plan

At noon on Wednesday, Gov. Kathy Hochul will formally kick off of a two-month process that will decide how New York will spend more than $200 billion in taxpayer money over the next year.

How this process shakes out will determine how schools, health care, child care, support for the most vulnerable people and law enforcement is paid for and how much.

2. Video shows Trump sparring with NY Attorney General Letitia James during deposition

Newly released video shows former President Donald Trump sparring with New York Attorney General Letitia James during his deposition last August.

Trump read a statement attacking James, then declined to answer hundreds of questions during the hours-long proceeding. In September, James filed a civil suit alleging that the Trump Organization committed financial fraud by misstating the value of assets, and the attorney general is seeking $250 million in payments plus other sanctions.

3. Migrants hold line during hotel standoff with city officials

Community groups and faith leaders stood in solidarity with migrants camped outside the Watson Hotel in Hells Kitchen Tuesday, despite very cold temperatures.

City officials had been housing single male migrants in the hotel for months, including some who had been previously relocated. However, the city recently ordered the migrants to leave the hotel in order to make room for other migrants with families.

Around the Nation

1. VP Harris to attend Tyre Nichols' funeral in Memphis on Wednesday

2. Manslaughter charge for Alec Baldwin in 'Rust' set shooting

3. PayPal to cut 2,000 jobs in latest tech company cost-cutting

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