The accumulated surplus of the state-run Essential Plan had ballooned to $9.9 billion as of the end of December, putting it on track to break $10 billion by the close of the fiscal year on March 31, according to newly obtained records from the comptroller's office. Read More
A state-backed wind tower construction facility has fallen months behind schedule and doubled in price even before construction begins. Read More
The Empire Center will host an event to discuss The Next New York: Renewing and Reforming the Empire State, a compendium of 11 research papers by New York policy experts, offering a total of 63 reform priorities for New York. Read More
The number of retired New York City educators who received pensions over $200,000 continues to grow, reaching 117 last year. Read More
In this episode, Tim Hoefer interviews Howard Husock from the American Enterprise Institute about housing policy in New York. Read More
New York’s Medicaid program is currently on a crash course for fiscal disaster in the near future, warns Bill Hammond. Read More
New York’s state-share Medicaid spending – which was already the highest in the nation on a per capita basis[1] – has surged by $8 billion or 20 percent in just three years. Read More
Film and television producers have used Oscar-worthy tactics to convince state lawmakers to pay them billions of dollars for projects in New York, ostensibly to boost the local economy. Read More