New York state today began its 2022 fiscal year without an adopted budget—which, in itself, is not a big deal. The state government can continue to pay bills and employee salaries next week if either final appropriat Read More
Tag: Taxes and Spending
New York’s spending on education and Medicaid will leave a hole in the budget after federal COVID relief money runs out Read More
State lawmakers spent $7.3 million on postage for campaign-style mailings to constituents in the six-month run-up to last year’s elections Read More
“The economies of New York City and State will recover eventually—but how strongly, and how soon, are open questions. In the meantime, the Legislature’s guiding principal can be summed up in five words: don’t push more taxpayers away.” Read More
In economic terms, the coronavirus pandemic has been the most disruptive event to hit New York and the nation since the Great Depression in the early 1930s. While New Yorkers hope to resume to some semblance of normal life by summer, the fiscal hangover for the state and its local governments will linger for years. Read More
The results of this week’s Georgia Senate runoffs, assuring Democrats will soon control both houses of Congress, as well as the White House, had to come as a huge relief to Gov. Andrew Cuomo. Read More
The state’s current and projected fiscal condition make this an appropriate time to examine what drives high special education spending in New York, how it’s serving children and how it can be improved. Read More
New York State's tax receipts in the current fiscal year will exceed Governor Cuomo's latest projections by $3.8 billion—still down from last year, but a big improvement over the governor's worst-case scenario—according to updated estimates from state Comptroller Thomas DiNapoli's office. Read More