The Post's Fred Dicker reports today that Paterson administration budget officials now believe New York State's 2008-09 budget gap will be in the neighborhood of $7 billion, up from a projected $5.5 billion in the wake of the Legislature's August spe...
The story from today’s papers with the biggest potential long-term impact on New York’s economy doesn’t even contain the words “New York.” That’s Gillian Tett’s FT piece on global investors’ assessment of the credit of the United States of America.
This report reviews the impact of federal tax cuts on New York State since 2001 and looks at how the Empire State would be affected by the sharply divergent tax policy agendas of the 2008 presidential candidates, John McCain and Barack Obama. Estimates are provided for the direct New York impact of the candidates’ principal individual income tax proposals over the next two years.
Despite the challenge of teaching in an urban school district, Buffalo teachers don’t have to wear their stress on their faces. Their new health benefit package covers cosmetic surgery, courtesy of taxpayers.
Spitzer’s expansion of education funding and restructuring of the school aid formula may be his most important legacy. Unfortunately, C4E has been seriously hobbled by flaws in its assumptions about the mechanisms of reform, by misguided beliefs about “what works” in achieving excellence, and by a compressed timeline for adoption and implementation.
Energy prices are a major factor in New York’s high cost of living and doing business, contributing to what Governor Eliot Spitzer has called a "perfect storm of unaffordability" driving people and firms out of the state.
While he carefully avoids a flat rejection of the idea, Assembly Speaker Sheldon Silver has been expressing doubts about Governor Eliot Spitzer’s proposal for a cap on school property taxes.
A flood of expected retirements by New York state government employees represents an opportunity to save billions of dollars over the next few years by streamlining its workforce and reforming costly retirement benefits.
What's the best way to ensure that all New York State residents-adults and children alike-have access to affordable health-insurance coverage?
The Taylor Law was designed to create a comprehensive framework for orderly resolution of labor-management disputes in state and local government. After a rocky start, it succeeded.
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.
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.