In his first State of the State address, Gov. Eliot Spitzer issued a clarion call to New York's Legislature to "end the culture of spending that is out of control." It is a message other governors — most notably fellow Democrat Hugh Carey in 197 Read More
Notwithstanding the headlines generated by Gov. Eliot Spitzer's State of the State address, it takes some creative arithmetic to call the new governor's property tax initiative a "$6 billion tax cut." In fact, strictly speaking, Spitzer isn't proposing a tax cut so much as a tax shift. Read More
On the heels of new Census data showing the Empire State lost nearly a quarter-million residents within the past year, a major moving company says New York was one of the nation's leaders in "outbound" moves during 2006. In its , United Van Lines Read More
The city comptroller, William Thompson Jr., is in the final stages of studying whether the city's five pension funds should start investing in hedge funds. The comptroller raised the possibility of the change in investment policy during a speech a Read More
ALBANY - The overtime queen of state government is a mental-hospital nurse who made almost twice her salary in extra pay last year. Olukemi Akinyemi, who works at Bronx Psychiatric Center, made $93,581 in overtime on a base salary of $50,187, acco Read More
Attacking Albany's complicity in "the unchecked growth of pensions" for New York employees, Mayor Bloomberg last week said it was high time the city gained more direct control of its own retirement benefits. Read More
Senator Schumer sets out a lofty set of policy goals in his new book, but political analysts say almost all of them will be difficult, if not impossible, to accomplish. Mr. Schumer uses his book, "Positively American," to apply his "50% solution" Read More
As Governor Spitzer plans to take on the problem of rocketing Medicaid spending on the elderly, he needs to get his focus right. In his recent State of the State address, Mr. Spitzer spoke of shifting spending away from expensive institutional car Read More