Category: Blog

Now that the state Public Employees Federation (PEF) has rejected a proposed contract, Governor Andrew Cuomo is moving forward with 3,500 layoffs.  Or, then again, . Tin the Albany Times Union suggests there is an 80 percent likelihood t Read More

The Local 100 Transport Workers Union (most of them work at the MTA) will join the "Occupy Wall Street" protest today at 4:00 in Zuccotti Park downtown. There's a bit of an irony in the location. The park is named for John Zuccotti. Zuccotti is . Read More

State comptroller Tom DiNapoli's office that shadow the MTA's future. On the five-year, $26.3 billion capital plan, DiNapoli notes: The MTA has ... proposed borrowing $14.8 billion--the largest amount in its history. ... Debt service Read More

As expected, President Obama's calls for a return to pre-2001 income tax rates and new limits on itemized deductions for filers with incomes starting as low as $200,000 -- essentially the same thing the president proposed two years ago. [caption Read More

The city's independent budget office (IBO) has just put out on public-school spending and demographics. , school spending is up 2 percent cumulatively over the last three years, even after accounting for about 5 percent inflation as well as for dive Read More