New York has the worst economic outlook of any state in the nation, according to the latest index of the economic competitiveness issued by the American Legislative Exchange Council (ALEC). Read More
Tag: Taxes and Spending
Gov. Paterson has withdrawn his support from a proposal to raise $50 million in taxes from partners in New York-based hedge funds who live in other states. Read More
Did Gov. Paterson skillfully maneuver New York’s Legislature into adopting a tighter and more timely state budget than it was capable of producing on its own? Read More
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
The names and salaries of 186,223 people who worked for New York’s county, city, town and village governments in 2009-10 are available at www.SeeThroughNY.net Read More