Despite a big push from Assembly Speaker Sheldon Silver (D-Manhattan) and at least tacit support from Gov. Andrew M. Cuomo, the conventional wisdom in Albany is that a proposed increase in New York's minimum wage won't go anywhere before the legislature adjourns next week. Read More
A task force co-chaired by former New York Lt. Gov. Richard Ravitch this week reached an "unambiguous" conclusion about the fiscal stresses on state governments: "The basic problem is not cyclical. It is structural." Read More
Located some 40 miles north of New York City, in Westchester County, the Indian Point Energy Center (IPEC) consists of two operating nuclear reactors, with a combined generating capacity of over 2,000 MW, and one long-retired reactor. IPEC’s size and location are the key factors in both the power it provides and the decades-long fight to shutter the plant permanently. Read More
Sooner or later, New York will recover from the physical effects of this week’s super-storm, just as it did from the cataclysm of 9/11. Read More
The potential economic gains from natural gas exploration in the Marcellus Shale region in upstate New York are highlighted in a new study documenting the impact of hydrofracking on jobs and income growth in Pennsylvania, where nearly 5,000 wells have been hydrofractured since 2002. Read More
In 2013, New York’s state government will decide whether to permit extraction of natural gas by hydraulic fracturing or, instead, turn its current moratorium into a permanent ban on this technology. Read More
The full exemption of all taxes is a "promising new wrinkle," said E.J. McMahon of the fiscally conservative Manhattan Institute. McMahon said the state go further and use its more generous, $440 million tax subsidy for TV and movie productions to phase out all corporate taxes for new and existing companies. Read More
The full exemption from all taxes is a "promising new wrinkle," said E.J. McMahon of the fiscally conservative Manhattan Institute. "But the state should go much further than this." McMahon said the state should use its more generous $440 million tax subsidy for TV and movie productions to phase out all corporate taxes for new and existing companies. Read More