In her first State of the State message today, Governor Kathy Hochul pledged to accelerate scheduled personal income tax cuts for "middle class" New Yorkers, with a fiscal impact she pegged at $1.2 billion. That figure sounds large but doesn't amo Read More
Thanks mainly to a pandemic-driven boost in its already high outflows to other states, New York has just suffered its largest single-year population loss ever—and the worst, in percentage terms, of any state in the p Read More
New York can have 100 percent zero emissions electricity in 2040. But it can’t have enough of it to keep the lights and the heat on. Read More
With judicious use of her veto pen this month, Governor Hochul could draw a line against spiraling health expenses for consumers and taxpayers. Several health insurance-related Read More
The December 6 meeting of the Climate Action Council made one thing clear – the Council has no intention of figuring out how much the state’s headlong rush to renewable energy will cost New York utility customers. Read More
New York's share of the nation's income millionaire households continued to fall in 2019 Read More
Recent contracts to fuel more than a third of New York City’s electricity grid will raise electricity bills for upstate ratepayers up to 9.9 percent. Read More
A bill passed this morning in the U.S. House of Representatives would lift the cap on state and local income tax (SALT) deductions from $10,000 to $80,000. Read More
New York just tallied its biggest year-to-year October private-sector job gain on record, according to the state's latest monthly state Labor Department report. Read More
The state Health Department released a flurry of 20 COVID-related data sets this week, taking its biggest step yet toward full transparency about the state's pandemic response. Read More
The taxpayer share of pension costs in New York's suburban and upstate school districts will rise by up to $100 million in 2022-23 as a result of actuarial changes approved last week by trustees of NYSTRS. Read More
Much of the material in the state's pandemic stockpile had passed its expiration date when the coronavirus crisis struck in March 2020, according to newly released Health Department records. Read More