Pensions, infrastructure and Albany billboards by E.J. McMahon | | NY Torch

The Cuomo administration reportedly is talking with labor leaders about tapping public and private pension funds to help pay for state infrastructure projects, including a multi-billion-dollar replacement for the Tappan Zee Bridge...

Cuomo’s “super committee” super hype by E.J. McMahon | | NY Torch

Governor Andrew Cuomo is making a big deal out of the failure of a congressional “super committee” to produce a deal on reducing the federal budget deficit. This is supposed to trigger $1.2 trillion in across-the-board federal budget cuts over a 10-year period beginning in 2013—which, Cuomo said yesterday, could translate into $5 billion in lost federal funding for New York.

No surprises in Cuomo’s late budget update by E.J. McMahon | | NY Torch

So, here’s a non-surprise: The financial outlook for New York’s state government has deteriorated in the past few months, according to the Mid-Year Financial Plan Update from the Division of the Budget (DOB).

Cuomo’s Big Tests by E.J. McMahon | | National Review

During his first six months in office, New York governor Andrew Cuomo pulled off something of a fiscal trifecta: closing a $10 billion state-budget gap without raising taxes, capping local-property-tax levies, and wringing concessions out of state-government labor unions.

Cuomo’s Big Stall by E.J. McMahon | | New York Post

New York state’s mid-year financial plan update was due on Oct. 31, and state agency heads were scheduled to present their budget requests at hearings last week.

Albany’s collective bargaining confusion by E.J. McMahon | | NY Torch

Now that the state Public Employees Federation (PEF) has rejected a proposed contract, Governor Andrew Cuomo is moving forward with 3,500 layoffs.  Or, then again, maybe not. This article in the Albany Times Union suggests there is an 80 percent lik...

Why Labor Could Afford to Slap the Gov by E.J. McMahon | | New York Post

Gov. Cuomo’s operations chief yesterday was quick to blast the leadership of the Public Employees Federation for “failing to effectively communicate the benefits” of a tentative contract deal that PEF members voted overwhelmingly to reject.

Cuomo zigs and zags on retiree health obligations by E.J. McMahon | | NY Torch

To the consternation of the New York's largest state employee union, Gov. Cuomo has cleared the way for an increase in the share of health insurance premiums paid by retired state workers. (more…)...
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