Tag: Taxes and Spending

Gov. Cuomo’s budget deal with the Legislature is not quite the “transformation plan” he spoke of just two months ago. Read More

New York’s expensive Medicaid program provides generous long-term care benefits to a large number of recipients. Although Medicaid eligibility is means-tested, with limits on both income and assets, the program nevertheless pays for most professional long-term care services in the state. Read More

Another Tax Day brings with it yet another unher alded and unlegislated income-tax increase for middle-income New Yorkers. Read More

While Gov. Cuomo stumped the state this week in support of (among other things) his proposed cap on local property taxes, Speaker Sheldon Silver said the Assembly would soon introduce its own version of a tax-cap bill -- one with “not too many” exceptions. Read More

One day after seeming to agree to an acceptable compromise on Gov. Cuomo’s proposed 2 percent cap on property-tax levies, Assembly Speaker Sheldon Silver yesterday seemed to be sticking a poison pill in the fine print. Read More

In his opening message to the Legislature, Gov. Andrew Cuomo pointed out that public-pension costs are “exploding” across New York state. Read More

With less than two weeks to go before the start of New York City’s 2012 fiscal year, Mayor Bloomberg insists he must eliminate 6,100 teaching positions and close 20 fire companies to balance the next city budget. Read More

A bid to gut Cuomo’s tax cap The passage of a 2 percent cap on local property-tax growth in New York should have been the crowning achievement of Gov. Cuomo’s first legislative session -- complementing an austere budget to set a more fiscally responsible tone for the Empire State. Read More