New York's employer-sponsored health insurance premiums – which were already among the steepest in the mainland United States – rose faster than the national average in 2018, pushing the state's affordability gap to new heights. Read More
Category: Blog
New York City's five municipal public pension funds ended their 2019 fiscal year with an aggregate investment gain of 7.24 percent, slightly above their 7 percent assumed rate of return, according to a preliminary estimate by city comptroller's office. Read More
Governor Andrew Cuomo is continuing full steam ahead with policies that will make the state’s already lofty renewable energy targets more expensive and less realistic. Read More
One year after the U.S. Supreme Court said government workers couldn’t be forced to pay union dues, New York’s public-sector unions are concealing their losses by publishing inflated membership figures. Read More
This year's state budget came with a hidden asterisk: In the final throes of his negotiations with legislative leaders, Governor Cuomo quietly postponed a month's worth of Medicaid payments from the last week of March to the first week of April – shifting $1.7 billion in spending from one fiscal year to the next. Read More
When New York's current state budget was enacted, Governor Andrew Cuomo hailed it as "the broadest and most sweeping" of his tenure, adding that "for the ninth straight year it was both timely and fiscally responsible." "Timely," yes: budget bills were passed by the Legislature just in time for the April 1 dawn of a new fiscal year. As for "fiscally responsible"—well, that's more a matter of opinion. Read More
At Thursday night's Democratic presidential debate, Sen. Kirsten Gillibrand gave a misleading description of the "Medicare for All" proposal that she says she helped to write – implying that it calls for a voluntary buy-in rather than mandatory government coverage. Read More
In the name of reducing greenhouse gas emissions, the Cuomo administration has been doing everything it can to block construction of natural-gas pipelines in New York. But that policy is probably accomplishing just the reverse—increasing greenhouse gas emissions by boosting reliance on fuel oil, which results in even higher emissions. Read More