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
A broad, tight cap on local property taxes is a central element of Governor Andrew Cuomo’s agenda for making New York State more affordable and competitive. The governor’s tax cap has passed in the state Senate with strong bipartisan support. Its fate will ultimately be decided in the state Assembly. Read More
Beginning in 2014, the Patient Protection and Affordable Care Act, signed into law in March 2010, is expected to significantly extend health-insurance coverage in New York by increasing Medicaid enrollment and offering federal subsidies for the purchase of private health insurance. However, there is no guarantee that the newly insured will be able to access the health-care system in a timely fashion as new demand for services outstrips physician supply. Read More
Taxpayer-funded employer contributions to public pensions in New York State will rise by billions of dollars in the next few years, threatening to divert scarce resources from other essential public services in the midst of a fiscal crisis, according to a new report from the Empire Center for Public Policy. Read More
Public pension costs in New York are mushrooming—just when taxpayers can least afford it. Over the next five years, tax-funded annual contributions to the New York State Teachers’ Retirement System (NYSTRS) will more than quadruple, while contributions to the New York State and Local Retirement System (NYSLRS) will more than double, according to estimates presented in this report. Read More
Employment statistics are the leading indicator of what’s happening in New York State’s economy. However, traditional government job counts don’t tell us much about the underlying dynamics of job creation. Information on openings and closings, expansions and contractions, and interstate movements by employer “establishments” in New York has not been as readily available – until now. 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
Governor David Paterson has proposed legislation to implement a cap on school property tax levies in New York State. His original tax cap bill was passed by the state Senate in August 2008, but died in the state Assembly. Paterson's latest tax cap proposal was submitted to the Legislature on July 30, 2010. Read More
Governor David Paterson is proposing an early-retirement option for the state and its local governments that he says is “designed to achieve cost-savings for public employers and to avoid layoffs of public employees in this time of fiscal need.” Read More
New York State educators are warning that proposed cuts in state aid to public schools next year could force more than 14,000 teacher layoffs. Officials of the state’s largest teachers’ union claim aid cuts will “devastate” education, leading to a “drastic” reduction of programs and “much larger class sizes.” Read More
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