Adding to the pressure created by rising Medicaid and other costs, local governments and school districts all over New York are being hammered by massive increases in pension costs for public employees. Read More
Approaching what could turn out to be yet another stalemate with the Legislature, Governor Pataki says the last four years have been "the worst ... since the Great Depression" for New York State's finances. Read More
High state and local taxes are widely recognized as a significant obstacle to stronger economic growth, especially for Upstate communities whose natural competitors are lower-cost regions of the Midwest and Southeast. Read More
The former U.S. senator from Nebraska moved to New York in 2001 to become president of the New School University. A Democrat, Kerrey reportedly was planning to endorse the reelection bid of the city's nominally Republican mayor, Michael Bloomberg. Read More
After tweaking a few of their house rules and adopting a state budget on time for the first time in 20 years, many New York State legislators would have you believe they've fixed all or most of what's broken in Albany. Read More
Listening to Michael Bloomberg present the fourth budget of his mayoralty yesterday was like listening to a man having an argument with himself. The former CEO in the mayor's office made a strong case for doing more - much more - to downsize the city's exceedingly vast array of costly public services. Read More
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