Blog

Hillary Clinton’s endorsement of a Medicare “buy-in” for older Americans who are under 65 raises the question of whether it would actually be a good deal for the people it is supposed to help. Read More

Comptroller Thomas DiNapoli just issued a set of fiscal reform proposals designed to address the continuing lack of accountability and transparency in key areas of New York's budget. While by no means representing a fiscal panacea, they are solid ideas, deserving of broad public and legislative support. Read More

Albany’s practice of doling out millions in “bullet aid” to certain school districts at the behest of favored legislators has become a familiar ritual of pork-barrel politics. But a little-noticed provision of this year’s budget directs $30 million to a single nursing home in the Bronx, which is unusual even by the standards of New York State government. Read More

New York's 2 percent local property tax levy cap has passed another important legal test, prevailing in the state's mid-level appeals court over a constitutional challenge from the state's largest teachers' union. Read More

Governor Cuomo’s $15 minimum wage plan will cost the state’s Medicaid program more than $100 million over the next two years, according to figures in a budget analysis released Wednesday by state Comptroller Tom DiNapoli. Read More

Whether they know it or not, New York State taxpayers are locked in a high-stakes partnership with a billionaire whose high-tech business empire has been "fueled by his voracious appetite for risk and unyielding confidence." Read More

"Southern Tier Soaring" is the slogan Governor Andrew Cuomo has assigned to his job-creation program for the most economically troubled region of upstate New York. Better make that "Southern Tier Sinking (Further)." Read More

Among the nation's four most populous states, New York is better prepared than California to weather the next recession—but not as well-prepared as Florida and Texas, according to fiscal stress test results from Moody's Investor Service. Read More

The rate of private sector job creation in major upstate metro areas remained very low during the 12-month period ending in March, according to the latest state labor statistics. Read More

Now that the state has enacted its biggest personal income tax cut since the mid-1990s, a prime task facing Governor Andrew Cuomo and the Legislature next year will be figuring out how to accommodate the tax cut in future budgets. Read More

New York's budget for fiscal 2017 includes the state's biggest and broadest personal income tax cut since the mid-1990s. Equally significant, the income tax section (Part TT) of the budget's revenue bill decouples the previously temporary cuts in middle-income brackets, which will now be expanded and extended permanently, from the state's "millionaire tax," which is still due to expire at the end of 2017. Read More