Category: Commentary

In his reelection campaign, Cuomo boasts that he has reduced taxes to their lowest level in decades. All three of the New York governors to seek at least a second term since 1978—Democrats Hugh Carey (1975–82) and Mario Cuomo (1983–94) and Republican George Pataki (1995–2006)—also ran for reelection as tax cutters, though all three did more to reduce state taxes than Andrew Cuomo has done, at least so far. Read More

On Election Day, New York voters will be asked to let the state borrow up to $2 billion to help public schools buy computer hardware they don’t urgently need and create space for pre-kindergarten programs that most districts outside New York City can’t afford. Read More

No matter how much the left wants to expand government, no matter how much the right wants to cut taxes, both ought to observe a fundamental rule of government spending: Never use one-shot revenues to fund recurring operating expenses. Read More

New York will reap a state budget windfall of at least $3.3 billion in fines paid by the big French bank BNP Paribas after it pleaded guilty recently to violating sanctions against transactions in Cuba, Sudan and Iran. So, how should the money be spent? Read More

Skyrocketing public-pension obligations have generated concern across the country, especially in the wake of high-profile bankruptcies of Detroit and Stockton, Calif. In New York, an even larger burden looms in the form of lifetime health-insurance coverage promised to state and local government employees. Yet at least one house of the Legislature is considering a bill that would effectively prevent any effort to reduce this unaffordable debt. Read More