Mayor Bloomberg has opened negotiations with the city's largest union by asking for pension concessions like those rejected by transit workers before their walkout in December. Read More
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This study shows how greater fairness for New York taxpayers and competitive retirement benefits for government employees can be achieved by switching from the current defined benefit (DB) pension plan to the savings-based defined contribution (DC) model used by the vast majority of private companies. Read More
High medical malpractice premiums in New York can be linked directly to the state's large malpractice litigation awards, according to a new study by the Manhattan Institute's Center for Legal Policy. Based on a statistical analysis of mal Read More
The New York Stock Exchange's proposed merger with a Paris-based company operating four electronic stock exchanges in Europe could be a sign of trouble for the economic engine of the Empire State. Read More
New York state's 2006-07 budget features a record $1.3 billion increase in support for K-12 public education. State school aid is up 8 percent from the previous year, boosting the total to an all-time high of $17.6 billion. Read More
New York's new $112.5 billion budget includes the largest state spending increase in more than three decades -- even without including the legislative additions blocked by Gov. George Pataki, according to a FiscalWatch memo released today by the Empi Read More
New York's newly enacted budget calls for the biggest state spending increase in 33 years without even including legislative additions blocked on constitutional grounds by Governor George Pataki. Read More
State legislators will return to the Capitol this week to confront the more than 200 budget vetoes handed down by Gov. George Pataki before their Passover-Easter recess. Read More