If the Congressional Budget Office (CBO) is right, Governor David Paterson's economic and fiscal projections for New York State are not gloomy enough. The CBO expects higher unemployment and a somewhat slower recovery than Paterson's budget has pro Read More
Almost all of can be traced to falling tax receipts. But rising spending will represent a growing share of the problem over the next three years. In fact, more than one-third of the projected growth in next year's gap, and over half the Read More
Given , it should come as no surprise that the state's is forecasting a $2.1 billion deficit for the current fiscal year. But some of the financial details released by the Division of the Budget (DOB) today are getting even more worrisome. Read More
Governor Paterson the means in the current fiscal year, which is less than two months old. In other words, the short-term outlook may now be as lousy as Read More
One of Albany's senior State Capitol correspondents vacations in Flat Rock, North Carolina, and Read More
New York City's average compensation cost per municipal employee is $106,743, and has grown 63 percent since fiscal year 2000, according to a Citizens Budget Commission (CBC) released yesterday. While base pay has grown faster than inflation d Read More
Oneida County employees participating in a proposed cash buyout program would have a strong incentive to get their co-workers to join them: their payments will increase if more employees participate. Read More
Should physicians, who are licensed by the state of New York, be required to take a civil service exam in order to work for the state of New York? A state judge thinks so, but that's unlikely to be the last word on the controversy. Read More