A year ago this week, with the start of the New York State's 2021 fiscal year just over a month away, it became unmistakably clear that the spread of the Wuhan, China, coronavirus was about to clobber the global economy, disrupt public finances and upend Governor Cuomo's original budget calculations. Read More
As Medicaid costs spiraled over the past decade, other parts of the state Health Department were losing money and staff—leaving New York with diminished public health resources when the pandemic struck last year. Read More
When it comes to steering the next budget to final adoption by the Legislature, the politically embattled governor is still behind the wheel. Read More
New York State's tax receipts in January totaled $11.4 billion—outperforming Governor Cuomo's projections for the month by $1.7 billion, or 17 percent, according to the monthly cash report issued late today by state Comptroller Thomas DiNapoli. Read More
Although the state Health has recently revealed significant additional information about the pandemic death toll in New York's nursing homes, it has not fully complied with last week's court order in a Freedom of Information lawsuit brought by the Empire Center. Read More
The "state and local recovery" piece of the $1.9 trillion stimulus bill now being drafted by House Democrats in Washington would not by itself give Governor Cuomo the $15 billion in added federal aid he's been loudly demanding—but would come very, very close. Read More
New York State's main pension fund investment pool earned 10 percent in its third quarter and has gained nearly 30 percent since the end of its 2020 fiscal year, according to state Comptroller Thomas DiNapoli, the fund's sole trustee. As of Decemb Read More
The death toll in New York's long-term care facilities jumped by another 1,516 this weekend as the Cuomo administration adjusted its reporting on adult-care facilities to include residents who died after being transferred to hospitals. Read More