New York taxpayers have been hit with enormous increases in pension costs for state and local government employees over the past 20 years. From less than $1 billion in 2000, combined annual employer contributions to the Empire State’s public pension funds escalated to nearly $10 billion by 2010, peaking at nearly $17 billion in 2015. Contributions have leveled off at roughly $16 billion in recent years—but under lenient government accounting standards, even that figure conceals the full long-term cost of generous, locked-in pension benefits for generations of retired government employees. Read More
New Yorkers should be on high alert in the wake of a new study issued last month concerning the ambitious climate law signed by then-Gov. Andrew Cuomo in July 2019 that mandates goals and timetables for the state’s transition from fossil fuels to r Read More
The December 6 meeting of the Climate Action Council made one thing clear – the Council has no intention of figuring out how much the state’s headlong rush to renewable energy will cost New York utility customers. Read More
Governor Hochul is promising to reform the Joint Commission on Public Ethics (JCOPE) in the wake of negative publicity arising from its role in the controversy over former Governor Cuomo’s book deal for “American Crisis.” It’s the latest incident to put JCOPE under the spotlight in its ten-year history. Read More
This paper describes seven core objectives and offers specific policy recommendations toward their accomplishment. It’s by no means an exhaustive list, rather a good place to start work towards an Altered State with a growing economy, a more efficient public sector and new opportunities for an engaged and informed citizenry. Read More
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