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Former New York Liberal Party boss Ray Harding pleaded guilty yesterday in the ongoing and on-growing Albany pension-fund-hedge-fund corruption scandal, admitting that he "accepted more than $800,000 in exchange for doing favors for Alan G. Hevesi, Read More

Governor Paterson today that he was ordering state agencies to cut their budgets by $500 million to help in dealing with a current-year state deficit of between $2.1 billion (the official forecast as of late July) and $3 billion (the governor's own Read More

, Nicole spotlights the troubling implications of the hot-and-heavy political love affair between City Comptroller (and would-be mayor) William Thompson and Local 100 of the Transit Workers Union (TWU). Her bottom line: New Yorkers ne Read More

A toll road built nearly a decade ago under an innovative public-private partnership model is seeing its financial woes deepen. The problems of the Connector 2000 toll road project in South Carolina are yet another sign that it's going to be hard Read More

Peter Applebome's encapsulates conventional wisdom about the cause of high property taxes in New York City's suburban counties.  While tipping his hat to the power of public employee unions, Abblebome gets distracted by some of the usual suspects. Read More

It's increasingly clear that the federal government's "Build America Bonds" program, part of the stimulus, was a backdoor bailout for California. Under the program, states can issue taxable bonds, with the federal government reimbursing them for the Read More

In my  yesterday, I linked to a Transport Workers Union (TWU) narrative from the union's website that said the TWU's leadership had walked "the length of the parade arm in arm" during last month's Labor Day parade in Brooklyn with Democratic mayo Read More

The Transport Workers Union (TWU) local 100, which represents most Metropolitan Transportation Authority (MTA) union workers in the city, has launched a "no contract, no peace" effort to push the MTA into dropping its lawsuit against the state's re Read More

Xerox (ACS) for $6.4 billion. Why? Partly because ACS does a lot of work for government entities, processing Medicare benefits and all kinds of other stuff. Big businesses -- including Xerox and ACS competitor IBM, which is running ads all over p Read More

Some states are being more stimulated than others. February's stimulus package included something called "Build America Bonds." Under the program, states can issue taxable debt to bondholders to raise money for infrastructure projects, rather than i Read More

Unlike other states, New York has avoided massive layoffs and furloughs of public employees to close recurring budget gaps. That could change. Newsday : Gov. David A. Paterson and some lawmakers are raising the spect Read More