New York has just enacted a pandemic-crisis budget that might as well have been written in disappearing ink—shakily “balanced” on hopes of a huge federal bailout and ultimately backstopped by the potential for unprecedented deficit borrowing. Read More
#NYCoronavirus: The Legislature isn't just delegating emergency spending control powers to Governor Cuomo as part of the new state budget. It's also handing him a deficit-financing credit card with an $11 billion limit. Read More
#NYCoronavirus: As New York State lawmakers debate the Medicaid budget during a public health crisis, here are seven things they should keep in mind. Read More
#NYCoronavirus: The coronavirus pandemic has just claimed its first big institutional victim: the New York State Legislature, which handed Governor Cuomo broad and unprecedented leeway to "adjust or reduce" state spending in the fiscal year that began today. Read More
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The coronavirus pandemic has just claimed its first big institutional victim: the New York state Legislature, which handed Gov. Andrew Cuomo broad and unprecedented leeway to cut state spending in the fiscal year that began Wednesday. Read More
The world has changed since Governor Cuomo tasked his Medicaid Redesign Team with finding $2.5 billion in savings to help balance the state budget. Yet even in light of the coronavirus pandemic, many of the panel's recommendations still make sense – and are arguably more necessary than ever. Read More
In the predictably messy $2 trillion coronavirus response bill approved by Congress on Friday, one provision stands out as a particular travesty: the nonsensical way it distributes public health funding to the states. Read More