Research

The positives in New York's FY2018 budget make up a pretty short list—while the negatives are in some respects worse than usual. A quick and superficial initial rundown follows. Read More

Out of the clear blue sky, a provision making labor union dues fully deductible for state personal income tax purposes was inserted in New York's final fiscal 2018 budget deal, which was enacted by the Legislature over the weekend. Read More

The tentative state budget deal would pour another $385 million into the biggest, murkiest pork-barrel slush fund New York has ever seen. The latest version of the Capital Projects bill (A.3004D) would further fatten the State and Municipal Facilities Program (SMFP), building total funds available through the program to $1.64 billion. Read More

Amid the smoke and confusion surrounding this week’s on-again, off-again budget dance in Albany, Gov. Cuomo made a point well worth repeating. Noting big federal-policy changes afoot in Washington, Cuomo said Wednesday evening that his top priority was “to make sure we do not overcommit ourselves financially.” That’s an eminently responsible position. Too bad the governor hasn’t followed his own advice. Read More

START-UP NY lost almost as many new job commitments as it added during 2016, signaling the end may be near for the economic development program that Governor Andrew Cuomo once touted as “the greatest economic savior” for upstate New York. Read More

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