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Spitzer's Budget
How the "New Paradigm" Adds Up for New York Taxpayers
April 03, 2007
Governor Spitzer's first Executive Budget called for targeted spending restraint in one major program area -- Medicaid -- along with significantly higher expenditures in many other areas, especially education. It also featured an expansion of state-subsidized school property tax breaks.
The budget bills enacted by the Legislature would raise state-funded spending by 8.6 percent, a net increase of about $800 million over the governor's original proposal for a 7.8 percent increase. Legislators rejected some of Spitzer's proposed reductions in Medicaid reimbursement rates for hospitals and nursing homes, added $400 million (on a fiscal year basis) to the governor's already huge $1.4 billion school aid increase, and reconfigured his proposed expansion of the STAR (School Tax Relief) program into an increase in the annual property tax rebate check created by the Legislature in 2006.
Here are links to Empire Center analysis and articles dealing with Governor Spitzer's first budget:
- Updated online Commentary analyzing the size of the spending increase in the final budget.
- Op-ed articles:
"What the Gov Got," New York Post, April 2, 2007
"A Noose for Big Firms," New York Sun, Feb. 28, 2007
"Med Alert for Gov to Rein in Health $$," New York Post, February 22
"Eliot's Spending Surge," New York Post, February 02, 2007
"Awaiting Spitzer's Budget," The New York Sun, January 29, 2007
"Doctoring Medicaid," New York Sun, January 25, 2007
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October 19, 2005
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>> News & Commentary
by E.J. McMahon
March 26, 2008
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By E. J. McMahon, Adrian Moore, & Geoffrey F. Segal
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