On Election Day, New York voters will be asked to let the state borrow up to $2 billion to help public schools buy computer hardware they don’t urgently need and create space for pre-kindergarten programs that most districts outside New York City can’t afford.
Empire Center President E.J. McMahon spoke with Fred Dicker about the problems with Prop 3.
"If you spend on those things," added Empire Center for Public Policy's E.J. McMahon Monday, "you have to keep spending more, and raise taxes again year after year after year — to support the tech, to get the curriculum to use it, to train teachers on how to use it."
E.J. McMahon spoke with John Gambling on WNYM about the problems with Prop 3.
Empire Center President E.J. McMahon sat down with Susan Arbetter to talk about the problems with Prop 3.
E.J. McMahon, president of the Empire Center for New York State Policy, said the bond act — with its spend-now-or-kiss-it-goodbye philosophy — could lead to wasteful spending. Some of the investment, McMahon fears, could be used on technology that becomes obsolete before the bonds are paid off.
"You are pressing money on districts to buy stuff they may not need," he said. "It's free money for items that could be a low priority. It's bound to be inefficient, and uses up the state's scarce capital borrowing capacity."
E.J. McMahon, president of the Empire Center for Public Policy, told ABC News he doesn’t know how an observer would conclude there’s no conflict here. Schmidt “is a vendor. It’s pretty clear to be there’s a conflict. This is an incredible blind spot on the governor’s part,” McMahon said.
The seemingly slapdash nature of Gov. Andrew Cuomo's proposed $2 billion education bond was reinforced during Tuesday's budget address when the gambit got a makeover.