Congressional Republicans today unveiled a summary of their plans for permanently extending last year's federal income tax cuts—presumably (but not explicitly) subsidized by a permanent $10,000 cap on state and local tax (SALT) deductions.
As the state prepares to collect $2 billion in proceeds from the sale of Fidelis Care, the Cuomo administration has quietly revised its statement on how it will use the money, shifting to an emphasis on service for the needy rather than support for providers.
The New York-led multi-state lawsuit challenging the new federal tax law is not as weak as you might have heard.
If anything, it's even worse—a 141-page mashup of half-baked numbers, dubious factual assertions and (largely well-founded) political arguments masquerading as constitutional jurisprudence.
Governor Andrew Cuomo hit a new extreme in his bid to prop up government unions, telling public employers to ignore parts of both state law and the Supreme Court ruling in Janus v. AFSCME.
The newly enacted federal income law provision limiting state and local tax (SALT) deductions "is likely to substantially decrease home values" in New York, Connecticut, Maryland and New Jersey.
That's a key claim of the lawsuit filed by the four states against the Trump administration today with the goal of having the $10,000 SALT deduction cap declared unconstitutional.
The state’s employer-sponsored health insurance premiums spiked by more than 10 percent in 2017, leaving New Yorkers with the some of the highest coverage costs in the contiguous United States.
Upstate New York ratepayers will pick up more than half the multi-billion-dollar tab for a massive offshore wind turbine project that will provide very costly power for Long Island and New York City.
The state's Essential Plan has amassed a nine-figure surplus due to unexpectedly generous federal funding, records from the Office of the State Comptroller show.
The Trump administration’s move this week to suspend the Affordable Care Act’s “risk adjustment” program leaves more than $300 million in payments to and from New York’s health plans in limbo and further destabilizes the state’s ACA market.
This issue brief explores the financial considerations and policy challenges associated with eliminating the local Medicaid share and reviews the options for implementing a state takeover.
Governor Cuomo frequently asserts that his policies have ignited an economic turnaround in upstate New York, and he's been known to cherry-pick numbers to back himself up. He was at it again during a swing through the Mohawk Valley earlier this week—and, once again, the statistical cherries were in bloom.
A senior member of the state Assembly is already promising to introduce legislation that would effectively use taxpayer money to reimburse government unions for the “agency fees” they are no longer allowed to collect under last week’s SCOTUS decision in Janus v. AFSCME.