A new report from Unshackle Upstate, a coalition of business groups and trade associations, is recommended reading for New Yorkers concerned about the growing burden of state and local taxes. Read More
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The Fed and President Obama got the headlines they wanted. The NYT wrote Friday that the Fed will propose "," while the WSJ said that "." The rules could mean a change in the mechanics of financial compensation, and thus for Read More
The names and salaries of more than 179,000 people who worked for New York’s county, city, town and village governments in 2008-09 were posted today in a searchable database at SeeThroughNY.net, the transparency website sponsored by the Empire Center for Public Policy. Read More
State and local governments increased their borrowing by 8.3 percent on an annualized basis between April and June, according to the Fed flow of funds . While the number isn't eye-popping against the past decade's history, what's unusual is that stat Read More
The Federal Reserve is to regulate compensation by the nation's largest banks -- including, inevitably, some big New York firms now raking in big profits thanks to government bailouts. The upshot for Governor Paterson and state lawmakers in Albany Read More
The Metropolitan Transportation Authority (MTA)'s proposed capital program falls short of what downstate's transit assets need, and, what's more, the MTA can't even afford the insufficient amount of spending it has proposed, said state Dep Read More
There are no grounds for optimism in released this morning by state Comptroller Thomas DiNapoli. Net personal income tax receipts were down $83 million, or 4 percent, from the same month in 2008—and a full 12 percent below the August 2007 level Read More
As France-based Veolia Transportation under an initial five-year contract, New Orleans's transit workers will be growing accustomed to a private-sector-style pension scheme, too. Read More