#NYCoronavirus: In the emerging nationwide economic and financial crisis, New York is going to run out of cash more rapidly than most states—and Governor Cuomo can't say he wasn't warned of Albany's extreme vulnerability on this front Read More
#NYCoronavirus: Amid the legislative confusion generated by the coronavirus crisis in New York, the biggest budget question in Albany surrounds the biggest single item in the State Operating Funds (SOF) budget: school aid. Read More
#NYCoronavirus: Tightening eligibility for Medicaid home care and implementing a further across-the board rate reduction are among 41 cost-cutting measures being contemplated by Governor Cuomo's Medicaid Redesign Team, according to a draft executive summary obtained by the Empire Center. Read More
#NYCoronavirus: Thanks to the coronavirus emergency, New York State tax revenues in the coming fiscal year will be $4 billion to $7 billion lower than projected, state Comptroller Thomas DiNapoli estimates. Read More
Barely one in five private construction workers in New York State was covered by a union contract last year, according to newly released statistics that call into question a state public works "prevailing wage" mandate that assumes 30 percent union coverage of building trades occupations across New York. Read More
#NYCoronavirus: Not a moment too soon, Governor Cuomo finally has acknowledging that a near-panic in financial markets amid rising fears of a global economic slowdown should prompt a re-set in the state's revenue forecast for the fiscal year that begins April 1, less than three weeks from now. Read More
For decades, "Kill Urstadt!" was the rallying cry of New York City tenant activists and their political allies favoring more stringent rent control. The slogan referred to chapter 372 of the Laws of 1971, better known as the Urstadt Law, through which Albany barred the city from adopting rent limitations that are “more stringent or restrictive than those presently in effect.” Urstadt, who died this week at 92, was proud of the rent deregulation policies that made his surname an epithet in some quarters— and bemused to have been targeted for decades by calls for his (figurative) demise. Read More
A splinter group of Rochester teachers is threatening to stage a wildcat strike tomorrow, and the response from the school district, the teachers' union and state public-sector labor regulators could decide whether other New York districts face similar threats. Read More
#NYCoronavirus: "Hope for the best and prepare for the worst" is a favorite saying of Governor Cuomo, who has rolled it out again to describe how the state will deal with the coronavirus. But when it comes to the next state budget, Cuomo is hoping for better and preparing for more of the same. Read More
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