Tag: Taxes and Spending

After weeks of tumult and parliamentary maneuvering—including Gov. David Paterson's threat of a government shutdown that would bring "unimaginable chaos" and "anarchy in the streets"—New York finally has a state budget for the fiscal year that began April 1. Read More

On Aug. 3, the state Senate passed a bill containing nearly $800 million in tax hikes and other provisions that represent the final piece of the budget for the fiscal year that began April. Passage of the 2010-11 appropriation bills was completed by the Legislature June 28--after which Gov David Paterson vetoedthousands of line items, mainly legislative pork-barrel “member item” spending. Read More

Just when it looked like New York’s free-spending public schools were about to do some serious belt-tightening, along comes the US Senate this week to clear the way for another $26 billion “stimulus” dose, including $600 million for K-12 education in the Empire State. Read More

New York governors have the power they need to control spending. Is New York State ungovernable? Back in April, David Paterson seemed to think so. Read More

On Aug. 3, the state Senate passed a bill containing nearly $800 million in tax hikes and other provisions that represent the final piece of the budget for the fiscal year that began April. Read More

New York state and local governments’ liabilities for retiree health coverage run to the hundreds of billions of dollars -- a burden that’s only now coming into full view. Read More