Empire Center for Public Policy founder & President EJ McMahon on how New York State can best spend $3.3 billion in fines paid by French bank BNP Paribas. Click here to listen.
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Tags: Infrastructure
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State transport funding in Albany budget will have ongoing effects in the mid-Hudson
“The only way the state could support the capital plan would be to borrow money, and it can’t borrow because it’s too close to its debit limit – but the MTA is not,” said E.J. McMahon, president of the Empire Center for Public Policy. Read More
Editorial: Playing politics with tolls
So you have to wonder: Is now the time to be looking at rebates on tolls – rebates that will average just $97 a motorist – when the state still has no plan in place to fully pay for the $3.98 billion replacement of the Tappan Zee Bridge in the lower Hudson Valley? Read More
Staten Island congressman calls tunnel talk ‘disheartening’
Staten Island Congressman Dan Donovan, whose borough gets free ferry service to Manhattan, isn't particularly enthusiastic about this new Amtrak proposal to build a rail tunnel beneath the Hudson River. Read More
NY Assembly delivers $10 million gift for Syracuse’s water pipes, roads
The city will get $10 million from the New York State Assembly this year to jump start Syracuse's efforts to fix its crumbling water system, Assemblyman Bill Magnarelli, D-Syracuse, said today. Read More
Thruway Authority revises budget
The New York State Thruway Authority revised its 2015 budget Monday to reflect the infusion of $1.285 billion in state funds. Read More
Thruway passes new budget with no toll increases
Aided by a $1.3 billion state bailout, the state Thruway Authority on Monday approved a 2015 budget that includes no toll increase this year and directs $909 million to fund the ongoing construction of a new Tappan Zee Bridge in the Hudson Valley. Read More
Resignations Put Focus on Fiscal Woes at Thruway Authority
A number of high-profile resignations at the New York State Thruway Authority is renewing concerns about its shaky fiscal foundation. Executive Director Tom Madison and Chief Financial Officer John Bryan left the agency Wednesday. Chairman Howard Milstein stepped down at the beginning of December. Read More
Cuomo’s wire frame
At a campaign stop in Albany last October, Governor Andrew Cuomo announced an ambitious new plan to revolutionize New Yorkers’ access to broadband internet with $500 million in state funding. Read More
Editorial: Playing politics with tolls
- February 14, 2016
Staten Island congressman calls tunnel talk ‘disheartening’
- August 19, 2015
Thruway Authority revises budget
- May 19, 2015
Thruway passes new budget with no toll increases
- May 19, 2015
Resignations Put Focus on Fiscal Woes at Thruway Authority
- January 2, 2015
Cuomo’s wire frame
- April 3, 2015
