With a budget shortfall of $12.5 billion projected for 2009-10, New York’s state government faces its most significant fiscal crisis in decades. However, this is not just another cyclical downturn. What’s left of Wall Street will be significantly leaner, less profitable, and more heavily regulated than the securities industry whose explosive growth fueled the expansion of state spending for much of the past 25 years.
The Empire Center for New York State Policy and the Center for Governmental Research explored these issues at a Dec. 9 policy forum in Albany.
INTRODUCTION
Kent Gardner
President
Center for Governmental Research
Video: [View]
EARTHQUAKE ON WALL STREET
Kathy Wylde
President
Partnership for NYC
Presentation: [View]
Video: [View]
PANEL: MEETING THE MEDICAID CHALLENGE
Moderator: Paul Howard
Director
Manhattan Institute’s Center for Medical Progress
Panelist: Kathy Kuhmerker
Vice President
Lewin Group
Slide Presentation: [View]
Video: [View]
Panelist: William Carpenter
Chief Operating Officer
Salient Corp.
Slide Presentation: [View]
Video: [View]
Panelist: Raymond Meier
Former State Senator and Oneida County Executive
Video: [View]
Questions and Answers
Video: [View]
PANEL: WHERE THE BUCKS ARE
Moderator: Erika Rosenberg
Senior Research Associate
Center for Governmental Research
Panelist: E.J. McMahon
Director
Empire Center
Slide Presentation: [View]
Video: [View]
Panelist: Elizabeth Lynam
Deputy Research Director
Citizens Budget Commission
Slide Presentation: [View]
Video: [View]
Panelist: Thomas Rogers
Executive Director
NYS Council of School Superintendents
Slide Presentation: [View]
Video: [View]
Panelist: Joseph Stefko
Director, Public Finance
Center for Governmental Research
Slide Presentation: [View]
Video: [View]
Thomas Sanzillo
Senior Associate
T.R. Rose & Associates
Presentation: [View]
Video: [View]
Questions and Answers
Video: [View]
About the Author
You may also like
Medicaid Migraine: Retaking Control of New York’s Surging Health-Care Costs
This Gov. Hugh L. Carey Policy Forum forum will draw attention to the Medicaid spending surge, trace its underlying causes, and point the way to constructive solutions. Read More
New York’s Budget Process: Time for a Rebalance?
Is it time to consider potential changes to New York’s state budget-making rules? At its inaugural Governor Hugh L. Carey Policy Forum in Albany on May 30, the Empire Center will assemble leading experts with hands-on experience in the budget process to explore answers to those questions. Read More
Breaking the Budget in New York State
Ahead of a statewide referendum in November 2005, voters throughout New York State voted down a proposed constitutional amendment that would have reduce the budget-making powers of the governor’s office while strengthening the hand of Albany’s legislative leaders. The implications of such a change were explored by distinguished speakers starting with former Governor Hugh L. Carey, one of the most successful and effective chief executives in New York State’s history. Read More
Prop 1 Debate
Debate on New York Ballot Proposal One, which would amend the state Constitution to eliminate the existing requirement for state legislators to act on the governor's annual budget Executive Budget before initiating their own appropriation bills. It would provide for an automatic contingency budget, subject to legislative amendment, whenever a new budget is not enacted before the start of a fiscal year. Read More
The Impact of Welfare Reform in New York
A distinguished panel of national, state and local policy experts gathered to discuss the impact of the landmark 1996 Welfare Reform Act. Read More
Boosting Accountability in New York’s Schools
A panel of state and national education experts gathered at the state Capitol in Albany to examine and debate Gov. Spitzer's historic education reform plan, which aims to hold New York schools more accountable than ever before. Read More
Healthier Choice: Market-Based Reforms for New York’s Uninsured
The Empire Center explored these market-based reforms for New York's uninsured at a policy forum in Albany. Read More
EnterprisingNY
Employment statistics can tell us a lot about what’s going on in New York’s economy — but traditional government data don’t tell us much about the underlying forces driving job creation. Information on openings and closings, expansions and contractions, and interstate movements at the employer level has not been as readily available. Read More
Enjoying our work? Sign up for email alerts on our latest news and research.