Working added overtime to increase retirement benefits—i.e., pension padding or “spiking”—is an old tradition in the public sector, especially among police officers, firefighters and other employees working under contracts that provide them with ample overtime opportunities. Read More
New York’s heavily tax-subsidized healthcare sector also can function as a patronage trough for the politicians who do so much to fund it, as we’re reminded by this article in today’s New York Times. Read More
Earnings for the 384,186 school employees has been updated at SeeThroughNY. Read More
The Empire Center for Public Policy, which originated in 2005 as a project of the Manhattan Institute for Policy Research, has been re-launched as a fully independent, non-profit think tank, the Center’s president, E.J. McMahon, today announced. Read More
Charter schools sharing space in New York City public school buildings cost less to operate than traditional public schools, counter to the findings of a 2010 research memo from the Independent Budget Office (IBO), according to a white paper issued today by a research group affiliated with former state comptroller candidate and financial advisor Harry Wilson. Read More
There’s an obvious irony — not to mention an obvious political motive — in Gov. Andrew Cuomo’s choice of his Republican predecessor, former Gov. George Pataki, to co-chair a Tax Relief Commission that’s supposed to recommend tax cuts for next year’s state budget. Read More
Governor Andrew Cuomo and the Budget Division are spreading the word via Twitter that Standard & Poor’s has given its top AAA rating to the state’s $1 billion sales tax revenue bond issue. Read More
For an excellent dissection of how the federal Affordable Care Act will initially affect New York, see this article in yesterday’s New York Post by the Manhattan Institute’s Paul Howard and Yevgeniy Feyman. Read More