State leaders are planning to borrow $5 million to help CBS pay for renovations at the Ed Sullivan Theatre, the home for the "Late Show with Stephen Colbert," according to state records. That means state taxpayers are on the hook for $5 million, plus interest. Read More
A fiscal watchdog group says it’s uncovered what it calls a “secret slush fund”, used by Governor Cuomo and state legislators to fund pet projects around the state, but the governor’s budget office says the grants are subject to oversight. Read More
The Metropolitan Transportation Authority will pay the legal fees for a fiscally conservative think tank after admitting it was slow to respond to a public records request. Read More
How lucrative are New York's film-tax breaks? Studios are getting $38,000 for every full-time job they create, a report by a state-hired consultant found. Read More
Gov. Cuomo’s payment of $16 million to keep CBS’s “The Late Show” in New York, when there was zero real threat of it leaving, is the kind of boondoggle Stephen Colbert might mock in his monologue — if he weren’t the one cashing the check. But that gratuitous giveaway of tax dollars, announced last year, turns out to have been the tip of a very big and ugly iceberg. Read More
The state’s pension fund for 1 million current public workers and retirees may lower its estimated rate of return, a move that could increase the cost on local governments. Read More
The city will get $10 million from the New York State Assembly this year to jump start Syracuse's efforts to fix its crumbling water system, Assemblyman Bill Magnarelli, D-Syracuse, said today. Read More
E.J. McMahon joined John Gambling on WNYM to discuss the state's growing Medicaid rolls. Read More