In 2008, the state Metropolitan Transportation Authority employed 539 police officers who were paid an average of $96,553, including overtime and shift differentials. A salary database of all 78,393 MTA employees during 2008 -- searchable by na Read More
China is likely to set up a new stock market through which smaller companies can access domestic and possibly international capital, the Financial Times reports. Read More
As part of the February stimulus package, Washington offered new inducement for municipalities to issue taxable bonds. The program may have the effect of pushing up tax rates for the wealthy. Read More
That mindlessly right-wing rag, The New York Times, has that makes a simple and salient point about New York City pensions. If Albany won't cooperate on real pension reform, one good way for the mayor to keep pension costs down is to contro Read More
The . And out of left field, there's this: Ms. Feinstein has threatened to vote against Mr. Obama’s health care bill if it draws funds from high-cost areas like California to low-cost areas of the country. Ms. Feinstein noted that Ca Read More
In April, the state-run Metropolitan Transportation Authority won Albany's approval for a new, $1.5 billion annual tax on downstate payrolls. Now, the authority, with fresh finance-committee approval this morning, is moving to float a $600 millio Read More
Congress is set to approve an add-on to the February stimulus law that will allow public-transit agencies, including New York's state-run Metropolitan Transportation Authority, to spend 10 percent of their stimulus money on operating costs, rather th Read More
While it began under bizarre circumstances, the current (apparent, informal) 31-31 deadlock over who should control the New York State Senate is not unprecedented. Elsewhere around the country, there have been 38 other instances since 1966--includi Read More