Employee compensation in the state and local government sector increased at twice the private-sector rate during the 12 months ending in December, according by the federal Bureau of Labor Statistics. Read More
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Today, a panel of arbitrators ruled against Ground Zero developer Larry Silverstein in many respects on his longstanding dispute with the Port Authority, which owns the land. But the arbitrators also handed Silverstein a big victory -- one Read More
Providing health insurance to retired Utica teachers will cost taxpayers $189 million over the next 30 years, an amount the school board president calls "scary." When it ratified a teachers contract in September 2008, the school board did not know Read More
You'd think the author of aslamming the "too big to fail" doctrine and calling for smarter financial regulations would find something to like in President Obama's . But in , Nicole argues that Obama's latest gambit would leave New York with "the w Read More
Gov. Paterson’s second Executive Budget is not nearly as tough as his rhetoric (or the headlines) would imply. But in dollars and cents terms alone, it is relatively restrained and almost fiscally conservative -- by Albany’s low standards, that is. Read More
Governor David Paterson wants state employees to defer four percent raises and five days of salary until they retire or quit their jobs. Haven't we seen this movie before? What makes Paterson think the outcome will be any different than when publi Read More
Governor Paterson's includes a helpful table summarizing the sources of state spending growth over the past 10 years. The numbers highlight the favored status of education during a period that saw one of the greatest spending run-ups in New York's Read More
Last week, about Governor Paterson's somewhat puzzling implying (seemingly) that his 2011-12 budget would result in a $1 billion surplus that he would use to finance a property tax circuit breaker. "If the governor is saying that the four-year fi Read More