in today's New York Post explains why—and how—the Paterson administration should declare a fiscal emergency and seek to impose a three-year freeze on all state and local employee salaries in New York. This would save taxpayers statewid Read More
Tag: Budgets
When this year's state budget was first enacted back in April, the budget gap for fiscal 2010-11 was at $2.17 billion. The in July more than doubled this estimate, to $4.62 billion. And today's says next year's gap has grown by another 47 per Read More
Democratic mayoral challenger Bill Thompson said something good yesterday: "Can you afford 4 percent [raises for teachers] in the current environment? Probably not," he . Thompson's right. The education payroll, not including benefits, is alread Read More
Well, better late than never. But given in New York, Governor Paterson's may be a day late and a dollar short. Make that a billion. Just a day after state Comptroller DiNapoli in support of his own plausible estimate that the 2009-10 budget Read More
That phrase is used in the headline of today's (as yet unposted) press release from the office of state Comptroller Thomas DiNapoli, whose for the month of September highlights the same growing deficit spotlighted by the state tax department collect Read More
The Institute for Justice, which argued the landmark Kelo case before the Supreme Court nearly five years ago, has a new out that calls New York "perhaps the worst state in the nation when it comes to eminent domain abuse -- the forcible ac Read More
Governor Paterson today that he was ordering state agencies to cut their budgets by $500 million to help in dealing with a current-year state deficit of between $2.1 billion (the official forecast as of late July) and $3 billion (the governor's own Read More
Xerox (ACS) for $6.4 billion. Why? Partly because ACS does a lot of work for government entities, processing Medicare benefits and all kinds of other stuff. Big businesses -- including Xerox and ACS competitor IBM, which is running ads all over p Read More