The Port Authority toll-hike outrage is a signal to Govs. Andrew Cuomo and Chris Christie, who control the agency for New York and New Jersey: The Downtown reconstruction project is consuming tolls that should go to bridge and tunnel work, not to real estate. Read More
Gov. Cuomo’s operations chief yesterday was quick to blast the leadership of the Public Employees Federation for “failing to effectively communicate the benefits” of a tentative contract deal that PEF members voted overwhelmingly to reject. Read More
If there’s one thing the Occupy Wall Street crowd agrees on, it’s that New York should expand its “millionaire tax” on high-income earners. Read More
New York state’s mid-year financial plan update was due on Oct. 31, and state agency heads were scheduled to present their budget requests at hearings last week. Read More
During his first six months in office, New York governor Andrew Cuomo pulled off something of a fiscal trifecta: closing a $10 billion state-budget gap without raising taxes, capping local-property-tax levies, and wringing concessions out of state-government labor unions. Read More
For all of Andrew Cuomo’s good intentions, Albany’s muck remains as deep as ever, with a projected 2010-11 state budget shortfall approaching $10 billion. But the fiscal quicksand needn’t swallow up the next Gov. Cuomo as it did the last one. Read More
Few Albany policy fights in recent memory have generated more heat and less light than the dispute over whether to extend higher state income-tax rates on high-income households. Read More
In the middle of its worst economic downturn since the 1930s, New York State has just enacted its biggest personal income-tax hike since 1961. Read More