New York's new state budget includes the biggest permanent "middle class" income tax cut in 20 years. Gov. Cuomo and the Legislature can pay for it by restraining spending and enacting more tax reform. Read More
The budget adopted by New York’s Legislature last week was described by Gov. Cuomo as “the best plan that the state has produced . . . in decades, literally.” If this is truly the “best” New York can do, we’re in even more trouble than we thought. Read More
Gov. Andrew Cuomo's campaign for a statewide $15-an-hour minimum wage is based on the assertion that "no one who works a full-time job should be forced to live in poverty." Few would disagree. But here's the thing: No one who works a full-time job in New York has to live in poverty — thanks largely to a program pioneered at the state level by the governor's father. Read More
In his combined State of the State and budget message last week, Gov. Cuomo officially unveiled $100 billion in “transformative" infrastructure projects — enough to “make Governor [Nelson] Rockefeller jealous.” That wouldn’t be easy, even if it were desirable. To finance a 15-year building binge that included most of the State University system — not to mention countless other capital projects capped by Albany’s monstrously modernist Empire State Plaza — New York’s legendary Republican governor from 1959 to 1973 quintupled state debt. Cuomo clearly hopes his plans will be perceived as Rockefeller-esque in scope. So how does he plan to pay for it all? The answer: for the most part, he doesn’t. Read More
Gov. Cuomo’s 2017 state budget, which he’ll present next week, is likely to call for billions of dollars in new spending on highways and bridges. Unfortunately, taxpayers won’t get their money’s worth if the state continues to insist on rigging bids for public-works projects that all but guarantee the jobs will go to unions. Read More
The rapid rise and costly fall of Health Republic Insurance of New York, the largest nonprofit health insurance “co-op” established under President Obama’s Affordable Care Act, is a cautionary tale. Read More
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