You’ve got to hand it to New York State United Teachers: the union maintains a remarkably straight face while arguing that the nation’s highest-spending schools and best-paid teachers are starved for funding. Read More
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Chris Kendall of Madison County and Jacob Rieper of Columbia County are the DeregulateNY contest grand prize winners. Both nominated an antiquated state law requiring new limited liability companies (LLCs) to buy ads announcing a “notice of organization” for six weeks in two local newspapers, one weekly and one daily. This routinely adds several hundred to several thousand dollars to the cost of starting a business. Read More
The 11 proposals, summarized in the table below, were submitted to Governor Cuomo’s Medicaid Redesign Team at a public comment forum on Friday at the Albany Capital Center. The Medicaid Redesign Team, appointed Feb. 4, is tasked with finding $2.5 billion in Medicaid savings to balance the state budget due April 1. Consistent with Cuomo’s guidelines, Hammond’s proposals would have no impact on current beneficiaries or local governments. Read More
New York could reduce its Medicaid costs by more than $3 billion under proposals released today by the Empire Center's director of health policy, Bill Hammond. Read More
The state Legislature should join Governor Cuomo in resisting and rejecting proposals to further increase state taxes on New York’s highest earners, E.J. McMahon of the Empire Center testified to the joint legislative fiscal committees today. Read More
The state’s current fiscal challenge is caused by excess spending, not insufficient taxes. The governor’s projection of PIT receipts—which apparently have recovered from the post-tax reform disruption in the final quarter of fiscal 2019—assumes a steady continuing uptick in revenues across the next four years, despite the continuing phase-in of significant “middle class” income tax cuts through 2025. But this could prove overly optimistic. Read More
Data released at the first meeting of the governor's Medicaid Redesign Team on Tuesday provided an updated picture of the program's long-term care costs, and the results were eye-opening. Read More
The number of six-figure pensions paid to retired New York City education professionals has increased more than fivefold in the past decade, according to data posted today on SeeThroughNY, the Empire Center’s transparency website. Read More