Month: November 2011
This much we know: New York's public pension system, with its exorbitant defined benefits, must be radically changed or it will bankrupt us. Over the next five years, the tax-funded annual contributions to the Teachers' Retirement System will more th Read More
As Gov. Andrew M. Cuomo prepares to unveil an emergency financial reinvention plan for New York State in his address to the Legislature on Wednesday, senior positions remain unfilled throughout the very bureaucracy he is trying to tame, raising quest Read More
(NaturalNews) New York State, along with its cities and counties, have promised $200 billion worth of retirement health care benefits to their employees, and no one knows where that money is going to come from, according to a study conducted by the E Read More
Twenty-eight years separate the first State of the State speeches of Gov. Andrew M. Cuomo and his father, Gov. Mario Cuomo, but the themes are strikingly similar. Both men called for a cap on state spending, consolidation of government agencies, s Read More
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