Don’t like Bloomberg’s budget? DIY! NY Torch

Gotham Gazette has launched a new game: "BALANCE nyc's 2010 budget." It presents almost infinite choices on how to cut city spending, as well as every politician's favorite proposed tax hike and how much money it could raise or not. The game is usefu...

Bloomsday Budget NY Torch

Nicole is in today's New York Post with an op-ed highlighting the weaknesses of the "doomsday budget" unveiled last Friday by Mayor Bloomberg. (more…)...

Bloomberg’s budget: The good, the bad, and the ugly NY Torch

Mayor Bloomberg announced his budget this afternoon for the fiscal year that starts in July. The mayor expects that a combination of federal stimulus, state funds, tax hikes, spending cuts, and labor givebacks will close a $4 billion budget gap tha...

Another “stimulus” myth NY Torch

In a passage reflecting House Democratic spin on the supposed economic benefits of the stimulus package, today's Washington Post reports that the bill includes aid "that many economists agree will enter the economic bloodstream quickly and trim furth...

“Stimulus” opens door to federal over-reaching NY Torch

House Democrats in Washington, D.C., claim their massive federal stimulus package will require “unprecedented accountability” for how the added money is spent.  In reality, they’re pushing an unprecedented intrusion by the federal government i...

Income tax hike looming for NY? NY Torch

Today's New York Times reports "a growing sense" in Albany that the Democrats who now control state government will seek to raise state income taxes on "the wealthiest New Yorkers" to help close a $15 billion budget gap.  The Times article quotes Se...

“We will build the roads and bridges” NY Torch

Congratulations to President Obama! One of the new president's first tasks will be figuring out how to get Congress to fix the stimulus bill that the House proposed last week. In its current form, the bill won't do much for road and rail infrastru...
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