Tag: Richard Ravitch

The Greek debt crisis has inspired economist Michael Boskin to lay out some fundamental lessons that are equally applicable to our own federal and state governments. Quoting directly from this article by Boskin, the lessons are: elected officials systematically... Read More

Lt. Gov. Richard Ravitch today formally released his for achieving structural budget balance, including a proposal to authorize roughly $6 billion in "transitional borrowing" to help close projected budget gaps over the next three years.  The borro Read More

Lt. Gov. Richard Ravitch still hasn't publicly released his long-term plan to restore structural balance to New York's state budget, including a rumored proposal to bond out a portion of the state's budget shortfall.   But the details emerging so f Read More