A confidential CIA analysis delivered to administration policymakers this week concludes that Iran can survive the U.S. naval blockade for at least three to four months before facing more severe economic hardship, four people familiar with the document said.

Gov. Kathy Hochul said Thursday she has reached an agreement with legislative leaders on a $268 billion state budget that includes important policy decisions about taxes, housing, immigration reforms and an energy rebate for New Yorkers.