In what's become an annual tradition, New York state lawmakers have re-introduced bills designed to prohibit or restrict changes to expensive continuing health insurance coverage for current and future government retirees—which would effectively lock in a growing unfunded liability of more than a quarter trillion dollars for taxpayers across the state. Read More
Category: Blog
Sen. Kirsten Gillibrand has apparently doubled the price tag of her Medicare buy-in proposal, from 4 percent of income to 8 percent – but the math still does not add up. Read More
The new state budget features a larger-than-usual increase in Medicaid spending and two new coverage mandates for private insurers – adding to the already steep costs of health care for New York's taxpayers and policyholders. Read More
The hastily approved raise for New York’s governor had an unintended consequence: sweetening the Tier 6 pension plan enacted in 2012 and saddling taxpayers with an untold amount of higher pension costs. Read More
With the Legislature getting ready to pass a budget for the fiscal year starting April 1, some fresh data and analysis emerging from the world outside Albany in the past week or so has raised new questions about the durability of the state's revenue base. Read More
It’s commonly perceived that New York’s education funding system directs more money to wealthier, whiter schools than to poorer, less white schools – and that the distribution of state aid reinforces those inequities. Looking at the totality of school spending across the state, however, different patterns emerge. Read More
A Republican-sponsored bill that would impose a massive unfunded state mandate on local governments was unanimously reported out of Senate committee this week. Read More
In a "Groundhog Day"-like replay of tactics from last year, health-care interests are again using an unlikely threat of spending cuts in Washington to demand special treatment in the upcoming state budget. The question now is whether the governor and the Legislature will play along with the movie for a second time in a row – and whether it will have the same ugly ending. Read More
