Gotham Gazette has launched a new game: “BALANCE nyc’s 2010 budget.” It presents almost infinite choices on how to cut city spending, as well as every politician’s favorite proposed tax hike and how much money it could raise or not. The game is useful not only for the pure fun of it, but also because it shows how much money the city spends on everything from firefighting to children’s services.
And, if you’re out of ideas, you can check out the Independent Budget Office’s latest annual edition of “Budget Options for New York City,” out today. Reducing the city’s reimbursement of its retirees’ Medicare expenses by half would save nearly $100 million annually within 18 months. Not considering city workers’ overtime in the calculation of their pension benefits would save a few million right away and much more in the future, to start with.
You may also like
New York’s Medicaid Spending Is Running Billions Over Budget
New York's Medicaid program ran billions of dollars over budget during the first half of the fiscal year, adding to signs of a brewing fiscal crisis in Albany.
According to the fro Read More
Pols Craft More Handouts for Sinking Construction Unions
New York’s construction unions, facing a decades-long decline, are employing a time-honored tactic: getting state government to stop people from competing with them. Read More
Union Rallies Long Island Pols Against NYC Kids
New York’s statewide teachers union has been cashing in political chits as it seeks to block new charter schools from opening in New York City, asking the senators and assemblymembers Read More
Hospital Lobby’s TV Campaign Spreads Misinformation About Medicaid
As New York's health-care industry agitates for more money from the state budget, two of its most influential lobbying groups are airing TV ads that make alarmist and inaccurate claims about Medicaid. Read More
Hochul’s ‘Pay and Resolve’ Push for Hospitals Triggers Déjà Vu
Two years ago last week, I wrote in the Daily News about how then-Governor Andrew Cuomo was pushing a costly change to insurance law on behalf of a hospital group that had supported his campaign through a fund-rai Read More
The Looming Collapse of a Long-Term Care Insurer Raises Questions for DFS
As the Hochul administration presses for the creation of a "guaranty fund" to bail out failed health insurers, the state is quietly moving to seize a small company that could be the fund's first target. Read More
New York’s pricey hospitals draw pushback from labor
A City Council hearing in Manhattan on Thursday promises a rare scene in New York politics: hospitals playing defense. The council is debating whether to establish a watchdog agency focused on the high price of hospital care in New York, with a goal of helping the city and other employers contain the rapidly rising cost of health benefits for workers. Read More
Hochul puts Medicaid spending on a steeper slope
Governor Hochul is releasing the brakes on Medicaid, allowing state spending on the safety-net health plan to increase more than twice as fast as it typically did during the Cuomo administration.
Read More
Enjoying our work? Sign up for email alerts on our latest news and research.