The saga of the Campaign for Fiscal Equity (CFE) court challenge to New York state school-financing formula continues to unfold in depressingly predictable fashion.
Seeking to divert attention from their failure to adopt a budget on time for the 20th consecutive year, state legislative leaders have unveiled a budget reform package that will do little to fix New York's dysfunctional budget process. In many respects, it could actually make things much worse.
The push to overhaul New York's public authorities was kicked into higher gear this week by a package of "reform" proposals from state Comptroller Alan Hevesi and Attorney General Eliot Spitzer.
New York’s public-pension system has become the epicenter of an influence-peddling scandal that has attracted the attention of the Securities and Exchange Commission and the state’s attorney general.
Long Island's State Senate and Assembly members are patting themselves on the back for having blocked a revival of the commuter tax. But they also have provided the pivotal bloc of legislative support for a big state income tax hike that will transfer more of the Island's wealth to places like Binghamton and Buffalo.