Category: Media Coverage

New York may face its first major budget gaps since 2011 as tax revenues are estimated to be less than initially anticipated, state budget records this week showed. The looming budget gaps could be up to $2 billion in the next two years, which might influence state aid for schools and spending on programs proposed by Gov. Andrew Cuomo. "This is going to be acid test of his commitment to fiscal restraint," said E.J. McMahon, president of the Empire Center, a fiscally conservative think tank. Read More

Perhaps E.J. McMahon, who heads the watchdog group the Empire Center for Public Policy, best describes the current situation as SolarCity, the leading solar panel seller in the U.S., prepares to merge with Tesla, the electric car-maker. He has called it “egregious corporate welfare.” Read More

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