The number of retired state employees pulling down pensions of more than $100,000 surged a startling 43 percent last year, from 1,059 in 2009 to 1,513, according to the state Comptroller's Office. "This is like hitting the lottery -- virtually nob Read More
Brace yourself: A budget blizzard is headed straight for the city, yet Mayor Bloomberg sees mostly Bermuda-like skies. "This place not only survives, it thrives," he said Wednesday in his State of the City speech. The next day he launched the NYC Read More
A panel of experts tackled the question of what New York Gov. Andrew Cuomo’s administration will mean for business at a Business Review event on Thursday. About 325 people came to the Glen Sanders Mansion in Scotia to hear the panelists weigh in Read More
As Gov. Andrew Cuomo plans to release his 2011-12 budget Tuesday, he will undoubtedly look to make cuts in the biggest expenses: Medicaid, education and personnel costs. They account for nearly 65 percent of the state's $92 billion operating budge Read More
If a tax cap and other reforms that Gov. Andrew Cuomo is expected to propose Tuesday in his budget are enacted, New York may be able to get its fiscal house in order, says a government policy expert.... Read More
The NYPD pension fund has a secret. Publicly funded payments to NYPD retirees climbed 19 percent over the past decade, but the fund stubbornly refuses to identify its gold-plated beneficiaries. "Taxpayers . . . have a right to know who they are Read More