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, Nicole writes in today's Post.   The downstate economy will pay a steep price for what will be, at best, a temporary solution to the MTA's enormous budget shortfalls, she points out. For what taxpayers are giving up here, the Read More

To assuage reluctant lawmakers, Gov. Paterson has proposed that school districts be exempt from the new payroll tax that he wants Albany to impose on all employers, including public-sector employers, in the Metropolitan Transportation Authority's ser Read More

Now that a whole herd of horses has galloped out of New York's budgetary barn, Governor David Paterson has proposed shutting the door with an inflation-level cap on state spending. Read More

Mayor Bloomberg's 2010 Executive Budget proposal is being portrayed as "" -- but while the media and politicians focus on proposed spending reductions, a key measure of spending is actually rising at over twice the inflation rate. Read More

Earlier this afternoon, Mayor Bloomberg presented his updated budget proposal for next year, which starts in July. One thing that stands out, besides his request that Albany hike the city sales tax by half a percentage point: it's likely that over Read More

Nicole and I both have op-eds in the Post today.  dissects the MTA's latest desperation move -- an unprecedented 18-month budget.  focuses on the projected expansion of New York State's Medicaid caseload, which by 2013 may include one ou Read More

Union leaders, contractors and real estate developers are trying to reach a new "project labor agreement" (PLA) to cut costs on private construction projects in New York City.   But while Mayor Blomberg is anxious to participate in a news conferen Read More

Nearly a full month after the Legislature’s adoption of the 2009-10 state budget, Governor David Paterson’s Division of the Budget (DOB) today issued its since January.  The bottom line: New York State’s long-term financial outlook has signif Read More

A couple of weeks ago, the Citizens Budget Commission released accruing to recent retirees from the New York City government, from firefighters to teachers to administrative assistants. How much would it cost you -- if you're a private-secto Read More