New York operates the largest network of programs for the poor in the nation. It serves more than 5 million Medicaid clients at a cost of $54 billion annually. Read More
Research
One year ago, as Andrew Cuomo was about to wrap up his first year in the New York governor's office, the governor and state legislative leaders agreed on a series of personal income tax provisions they described in a joint news release as "fair tax reform that achieves the first major restructuring of the tax code in decades." Read More
“Cash-strapped New York has tentatively chosen the highest bidder to produce driver’s licenses under a disputed contract that would provide only black-and-white photos and end up costing the state nearly $38 million more than the current contract if it’s approved,” the AP reports. Read More
The prices of some previously high-flying stocks such as Apple recently have been plummeting, and the stock market has just suffered “its worst week of declines in five months,” the Wall Street Journal reports. This is not good news for savers and investors — but it may be causing sighs of relief in some corners of the state Capitol. Read More
When welfare reform was enacted in 1996, creating the Temporary Assistance for Needy Families (TANF) block grant, a less-noticed provision was the greatly increased focus on collecting child support for custodial parents (almost always mothers) and their children. Read More
Sooner or later, New York will recover from the physical effects of this week’s super-storm, just as it did from the cataclysm of 9/11. Read More
The Food Stamp Program has changed its name to SNAP, Supplemental Nutrition Assistance Program -- an appropriate moniker, since in current economic conditions, states are making it a snap to qualify. Read More
The MTA deserves kudos tonight. The state-run authority -- workers and management -- is doing a bang-up, even heroic job in getting people between Brooklyn and Manhattan. Read More
The New York State Teachers’ Retirement System (NYSTRS) has just informed school districts across the state that their teacher pension contribution rates for the 2013-14 school year will rise from the current 11.84 percent to between 15.5 and 16.5 percent of salaries — which would translate into an additional taxpayer costs totaling $539 million to $686 million, based on the latest available teacher payroll figures. Read More
By capping property taxes, Gov. Cuomo has tapped the brakes on local government and school spending outside New York City. He’s also taken steps to limit the growth in the local share of Medicaid over the next few years, and to curb public pension expenses further down the road. Read More
“Frankenstorm” could easily inundate the tenuously balanced budgets of New York State, New York City and countless other localities in the storm’s path... Read More
Retiree health benefits for state and local government employees are a huge, unfunded and rapidly growing liability for taxpayers throughout New York. Read More