Further evidence of the massive damage done to New York’s economy by the coronavirus pandemic shutdown has emerged in the latest gross domestic product (GDP) data from the federal Commerce Department's Bureau of Economic Affairs. Read More
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Strings attached to federal coronavirus relief funding appear to be inflating New York's Medicaid enrollment – and costs – at a time when the state faces unprecedented deficits. Read More
Governor Cuomo is again postponing pay raises for state employees—giving himself a little more budgetary breathing room without providing similar relief for local governments or school districts. Read More
More than three-quarters of last year’s retirees from the City of New York’s Fire Department (FDNY) were eligible for six-figure pensions, with 40 of them eligible for pensions over $200,000 according to data posted today on SeeThroughNY, the Empire Center’s transparency website. Read More
Forty-five years ago this month, then-Gov. Hugh L. Carey and the state Legislature passed a landmark law, the Financial Emergency Act, designed to rescue Gotham from imminent bankruptcy. Read More
The COVID shutdown left more than a million New Yorkers in line for unemployment benefits, but most New York state employees are in line for pay raises next week. Read More
Six months into the novel coronavirus pandemic, New York State's private-sector employment recovery was the slowest in the 48 contiguous states—and getting slower. Read More