New York State's tax receipts in November were a whopping $800 million above Governor Cuomo's projections for the month—further evidence that the current-year budget gap is probably much smaller than Cuomo has been claiming. Meanwhile, however, Read More
Tag: Minimum Wage
Despite the crushing impact of pandemic restrictions on small businesses throughout New York, the state Labor Department announced late today that it will move forward with a big minimum wage increase scheduled for the end of the month. Read More
Bill Hammond, a writer specializing in Medicaid issues for the Empire Center’s NY Torch blog, said when he reviewed the budget, it confirmed his suspicion that the administration intentionally underestimated the cost to make it more palatable to taxpayers. Read More
The budget adopted by New York’s Legislature last week was described by Gov. Cuomo as “the best plan that the state has produced . . . in decades, literally.” If this is truly the “best” New York can do, we’re in even more trouble than we thought. Read More
Governor Cuomo kicked off his RV tour around the state to push for a higher minimum wage this week. They’re calling it the “Drive for 15″, a play on words to the Fight for 15 campaign. Cuomo continues to say that a higher minimum wage would boost the economy without causing layoffs or price increases. E.J. McMahon disagrees with the governor, who mentioned him by name during an event this week. McMahon joins us to discuss. Read More
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