Gov. David A. Paterson and Mayor Michael R. Bloomberg warned on Monday of further deterioration in state and city finances, with each saying that he or his successor would have to grapple with huge budget deficits in the years ahead. Both men appe Read More
ALBANY - Gov. Paterson today called for a 7% spending cut at all state agencies and said the state needs to reduce spending by $1.23 billion in the current budget. Paterson said he will cut $630 million "administratively," through agency cuts, a h Read More
ALBANY — Gov. David A. Paterson, in a brief and rare live televised address, said Tuesday evening that New York is facing a fiscal crisis in the wake of Wall Street’s meltdown, and he called on the Legislature to return next month to grapple with Read More
For E.J. McMahon, director of the conservative Empire Center for Public Policy at the Manhattan Institute, state government’s current fiscal predicament is reminiscent of 2002 and the late 1980s/early 1990s. But overspending, rather than a p Read More
ALBANY, N.Y. -- "This is the ultimate in a series of choices that have placed us where we are now," said Governor David Paterson on Wednesday. If spending across New York is the big issue, you might consider this the roadmap. Empire Center for Read More
ALBANY — It was early 2002. Wall Street’s profits had collapsed after the 9/11 attacks, unemployment was on the rise and tax revenue was plummeting. In Albany, though, there was little action. Gov. George E. Pataki — facing re-election, alon Read More
ALBANY — For the last three decades, all public entities in New York — governments, school districts, authorities, and others — have been subject to the Freedom of Information Law, which mandates that they release public data on request. Yet Read More
The Public Employees Federation, New York's second-largest state employees union, is sounding an alarm over the Empire Center's new information clearing house Web site, SeeThroughNY, suggesting that while the information available there is indeed pub Read More