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New York's K-12 education spending has a recent "historical pattern" of increasing 5.3 percent a year, according to the state Education Department. Read More
Just-released November indicate that Medicaid spending was within Governor Cuomo's new cap through the first two-thirds of fiscal 2011-12 -- but just barely.The $15.3 billion cap on state-funded Medicaid spending within the Department of H Read More
As part of his 2012-13 budget legislation, Governor Cuomo has proposed the most significant and potentially far-reaching reform of New York public pensions in at least 36 years. While the governor’s plan is far from being an ideal solution to the problem of exploding pension costs and long-term liabilities, it includes some significant steps in the right direction, which are worthy of serious consideration and support. Read More
Assembly Speaker Sheldon Silver may seek a pay hike for members of the New York State Legislature before the year is out, today’s New York Post reports. New York part-time lawmakers now make a base salary of $79,500 a year, plus $171 for every day in Albany and added stipends for leadership positions and committee chairmanships. Read More
There was virtually nothing new in Comptroller Thomas DiNapoli’s speech on public pensions in Washington, D.C., yesterday — nothing the comptroller hasn’t said before, as recently as a month ago. Read More
... must be next to (ranking from Frommer's). Read More
Just over two years ago, New York State enacted what then-Gov. David A. Paterson presented to the world as "landmark pension reform." In his 2012-13 budget proposal this week, Gov. Andrew M. Cuomo raised the subject of pension reform all over again. Why? Because Paterson's bill was a "landmark" only in the annals of Albany political hyperbole. Read More