State Sen. Dale Volker, whose legislative district includes Wyoming County, accrued more than $1 million in office expenditures for the fiscal year ending March 31, 2009, according to a new report on the Empire Center’s government transparency Web Read More
Month: June 2010
While New York struggles with its mounting budget problems, Governor Paterson paved the way for future profits in the movie business by including $2.1 billion or $420 million in tax refunds per year over the next five years in his 2010-2011 State Bud Read More
Pension and fringe-benefit costs for New York state workers are growing at an alarming rate. The average state worker receives about $28,000 in pensions, health care and other benefits on top of an average salary of $63,750, the New York Post repo Read More
Advocates of the misnamed “millionaire’s tax” enacted in New York state last year claimed that it would restore “fairness” to a tax code that favored the rich. Read More
In Albany this week, UFT President Michael Mulgrew floated a plan to save the city money by letting teachers retire earlier. But a new report on the health of the city’s teachers pension fund suggests that Mulgrew’s proposal would only compound t Read More
The late Democratic Sen. Daniel Patrick Moynihan of New York used to obsess over the flow of funds between the federal government and the states Read More
Dick Blume/The Post Standard, file photo, 2009State Attorney General Andrew Cuomo. » Gov. David A. Paterson on Monday addressed concerns that his low approval ratings would make it difficult for him to prevail in the general election, saying that hi Read More
Thirty-five years ago this month, the state Urban Development Corp. defaulted on its short-term debt -- setting off bond-market alarms that culminated in New York City’s 1970s fiscal crisis. Could the Metropolitan Transportation Authority become this era’s UDC? Read More