“Non-controversial”? NY Torch

The short list of "critical, non-controversial" measures Governor Paterson has sent the deadlocked state Senate for possible action tonight includes a bill authorizing Nassau County to issue bonds to finance early retirement incentives for county emp...

The small print of Paterson’s union deal NY Torch

Has the Paterson Administration just deprived itself of crucial leverage over the largest state employee unions during two challenging fiscal years ahead?  It sure sounds that way, if the unions themselves are to be believed. (more…)...

The Governator gets real NY Torch

Gov. Arnold Schwarzenneger is proposing a 5 percent pay cut for state workers in California, in addition to an average 10 percent reduction already experienced by employees under an unpaid furlough program.  Meanwhile, in New York, most state worker...

Assembly GOP Grows Spine, Says “No” to Union Deal NY Torch

Members of the state Assembly's small Republican minority have mustered the votes to block a new contract with a state employees' union on the grounds that it would be irresponsible to approve the deal in light of the state's dire economic and fiscal...

Budget up in down economy NY Torch

Mayor Bloomberg's 2010 Executive Budget proposal is being portrayed as "grim" -- but while the media and politicians focus on proposed spending reductions, a key measure of spending is actually rising at over twice the inflation rate. (more…)...

Bloomberg’s budget: the past vs. the future NY Torch

Earlier this afternoon, Mayor Bloomberg presented his updated budget proposal for next year, which starts in July. One thing that stands out, besides his request that Albany hike the city sales tax by half a percentage point: it's likely that over th...

City takes a pass on construction savings NY Torch

Union leaders, contractors and real estate developers are trying to reach a new "project labor agreement" (PLA) to cut costs on private construction projects in New York City.   But while Mayor Blomberg is reportedly anxious to participate in a new...

Dave’s Layoff Delay by E.J. McMahon | | New York Post

New York's sinking economy still hasn't hit bottom. The state bud get gap continues to grow as tax revenues collapse into a black hole the size of Wall Street
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