Tag: NYPandemicResponse

The new state budget finally takes credible steps to address the Medicaid crisis of recent history. What's missing is a clear plan for weathering the far larger crisis of the present and future. Read More

New York has just enacted a pandemic-crisis budget that might as well have been written in disappearing ink—shakily “balanced” on hopes of a huge federal bailout and ultimately backstopped by the potential for unprecedented deficit borrowing. Read More

#NYCoronavirus: The Legislature isn't just delegating emergency spending control powers to Governor Cuomo as part of the new state budget.  It's also handing him a deficit-financing credit card with an $11 billion limit. Read More

#NYCoronavirus: The coronavirus pandemic has just claimed its first big institutional victim: the New York State Legislature, which handed Governor Cuomo broad and unprecedented leeway to "adjust or reduce" state spending in the fiscal year that began today. Read More

For insight on the state of the economy and what New York City and state should do address the worsening economic situation, City & State turned to four experts on the matter: New York City Comptroller Scott Stringer, New York State Comptroller Thomas DiNapoli, Citizens Budget Commission President Andrew Rein, and E.J. McMahon, founder and research director for the Empire Center for Public Policy. The responses have been edited for length and clarity.   Read More

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