Reports

A Look At the Legislature’s Expenses | Reports

New York’s recently enacted state budget for 2007-08 includes more than $219 million in appropriations for the state Legislature. At that rate, the New York State Legislature now costs more than $1 million per member — making it one of the best-paid and most expensive legislative bodies in the nation. [Read_more]

How the “New Paradigm” Adds Up for New York State Taxpayers | Reports

Governor Spitzer’s proposed $120.6 billion budget called for state-funded spending growth of 7.8 percent — three times the rate of inflation — while raising business taxes by roughly a half-billion dollars. The budget also included a significant expansion of state-subsidized school property tax breaks for homeowners, to be phased in over three years. [Read_more]

Albany Oink | Reports

New York’s state legislators have a long history of lavish pork-barrel spending. Much of this spending comes in the form of appropriations known as “member items” — operating grants to local community groups, labor unions and advocacy organizations. But while individual senators and Assembly members are willing to selectively publicize the nature and purpose of their own pet projects, the Legislature as a whole has tried to keep much of the budgeting process for the member items under wraps. [Read_more]

Medicaid In Depth: A Special Research Series | Reports

Governor Spitzer’s 2007-08 Executive Budget calls for a series of Medicaid cost-containment measures, including a freeze on hospital and nursing-home reimbursement rates. These steps are appropriate and justifiable-but they only scratch at the surface of the problem. [Read_more]

Defusing New York’s Pension Bomb by E.J. McMahon |  | Reports

This study shows how greater fairness for New York taxpayers and competitive retirement benefits for government employees can be achieved by switching from the current defined benefit (DB) pension plan to the savings-based defined contribution (DC) model used by the vast majority of private companies. [Read_more]