In many respects, New York City looks economically and fiscally as strong as it’s ever been. But it’s still worth recalling that, 40 years ago this week, things were very different.
New York City's welfare caseloads are expanding again—a deliberate and predictable outcome of Mayor Bill De Blasio's policies, as Manhattan Institute's Steve Eide points out in his new "Poverty and Progress in New York" report.
Mayor Bill de Blasio's 9-year contract agreement with the United Federation of Teachers, including a pair of 4 percent base-salary increases retroactive to the fall of 2008, will cost so much that he wants to defer some of the expense all the way out to the end of the decade.
The United Federation of Teachers would receive a 10 percent pay hike over seven years and retroactive raises of 4 percent for 2009 and 2010 under what Mayor Bill de Blasio Thursday hailed as a "landmark" deal with the union.
Mayoral candidate Bill de Blasio’s “big, bold” proposal to hike the marginal income tax rate in New York City has smoked out Governor Andrew Cuomo’s now-you-see-it, now-you-don’t supply side.
Let's make a deal - you give me $650 today, and five years from now I'll give you $10,000 back. That incredible return on investment is what some forward-thinking federal agencies are offering taxpayers, according to the National Archives and Recor...