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Richard Ravitch

Which Party Will Grab the Mantle of Transparency?

David K. Rehr | Posted 04.12.2014 | Politics
David K. Rehr

Of course, the losers for the lack of forward-looking ideas are the American people. They put their confidence in government to solve problems at reasonable costs and help improve the quality of their lives. But neither is occurring.

John Celock

State Lawmakers Group Has Some Upbeat News

HuffingtonPost.com | John Celock | Posted 08.07.2012 | Politics

CHICAGO -- Contrary to the dire fiscal report released by the State Budget Crisis Task Force in July, the National Conference of State Legislatures is...

John Celock

Communication Urged Between Feds/States

HuffingtonPost.com | John Celock | Posted 07.18.2012 | Politics

WASHINGTON -- Increased communication between the federal government and states is being emphasized as one of the ways to solve the budget crisis thre...

Nate Willis

State Budget Crisis Outlined By New Report Draws Response From Government Groups

HuffingtonPost.com | Nate Willis | Posted 07.18.2012 | Politics

WASHINGTON -- A new report has projected a $4 trillion shortfall for states and potentially dire consequences if they do not change their budget pract...

John Celock

Top Gov Sees Benefits To State Fiscal Report

HuffingtonPost.com | John Celock | Posted 07.17.2012 | Politics

A report released Tuesday shows that states face up to $4 trillion in unfunded liabilities and a host of other fiscal problems. Delaware Gov. Jack ...

John Celock

States Face 'Threats To The Social Order' From Trillions In Worker Payments

HuffingtonPost.com | John Celock | Posted 07.17.2012 | Politics

WASHINGTON -- State finances are teetering with $4 trillion in unfunded liabilities to cover pensions and health care for state workers, along with re...

The Great Unraveling: Yonkers, Stockton and Municipal Bankruptcy

Richard Brodsky | Posted 05.07.2012 | Business
Richard Brodsky

The great national battle about the size of government and the level of taxation will be played out in the streets of small cities across America

Jaybird Flies

Henry J. Stern | Posted 09.25.2011 | New York
Henry J. Stern

MTA chief Walder had a number of good reasons for his secretive flight from New York and the MTA.

Entire Northeast Threatened By Deteriorating NYC Bridges: Study

Yahoo! Finance | Michael Gormley, Associated Press | Posted 05.25.2011 | New York

ALBANY, N.Y. (AP) -- New York Lt. Gov. Richard Ravitch warned Thursday that the entire Northeast is threatened by rapidly deteriorating New York City ...

Now You See It, Now You Don't: Plugging the Gaps in New York's State Budget

Vegas Tenold | Posted 05.25.2011 | New York
Vegas Tenold

Last spring, while the New York legislature stubbornly refused to agree on a budget, Richard Ravitch came up with a plan to rein in the state's out of control deficit. It was a tough sell.

Paterson Channels Polonius: Albany Skirmish Over Borrowing

Henry J. Stern | Posted 05.25.2011 | New York
Henry J. Stern

Day 78 without a state budget. 78 is the speed of some old records, in rpm, the atomic number of platinum, and the number of chromosomes in a dog's DNA (39 pairs). We have 23 pairs.

Paterson Sets Budget Deadline, Renews Threat Of Government Shutdown

nytimes.com | NICHOLAS CONFESSORE | Posted 05.25.2011 | New York

Gov. David A. Paterson said on Wednesday that he would unilaterally insert the rest of his budget proposal into an emergency spending bill due on June...

Paterson And Ravitch Discussed Budget Over Dinner

nytimes.com | NICHOLAS CONFESSORE | Posted 05.25.2011 | New York

In July, Richard Ravitch was working his way through a steak dinner at Peter Luger's when an aide to Gov. David A. Paterson unexpectedly arrived to sw...

How Much Would You Pay For Your Next Breath Of Oxygen? When Capitalism Fails

Howard Steven Friedman | Posted 05.25.2011 | Politics
Howard Steven Friedman

Phil began grilling me, "the US economy should rely on pure free market capitalism for everything. Anything involving the government is wasteful and ...

Albany Takes NYS Public School Education With a Grain of Salt

David A. Singer | Posted 05.25.2011 | New York
David A. Singer

The cacophony over what to do about public school education and when to do it and how to do it... is deafening. The disconnects have run absolutely wild.

Transit's New Ally?

John Petro | Posted 05.25.2011 | New York
John Petro

New York State Senator Pedro Espada, ardent opponent of bridge tolls in the past, has now proposed a $2 toll on the East River Bridges.

Queens County Economic Forecast

Kathryn Wylde | Posted 05.25.2011 | New York
Kathryn Wylde

Queens County Economic Forecast Speech to the Long Island City Business Development Corporation March 18, 2010 While the focus of the Queens Econom...

If New York State Was a Country, Would It Be Greece or Iceland?

Dan Collins | Posted 05.25.2011 | New York
Dan Collins

Once again, the state has no budget. The problem? There's nobody to be afraid of. New York is not a place that operates on rational debate or planning. Power comes from two things: money and fear. Right now we don't have either.

Ravitch Budget Plan Calls For Control Board, Borrowing Billions

AP | Posted 05.25.2011 | New York

ALBANY, N.Y. (Associated Press) -- Closed-door budget talks at the Capitol on Tuesday included discussion of a spending cap, more borrowing and propos...

Governor Ravitch: New York at the Abyss?

Eric Lurio | Posted 05.25.2011 | New York
Eric Lurio

New York is at a precipice of sorts. Looking back over the political history of the state, it's completely unique. Sure, there were the Draft Riots of...

Sam Stein

Paterson Resignation Watch Mounts Among New York Pols

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | New York

The political world in New York is buzzing that Governor David Paterson may be close to stepping down amid damaging revelations over the role he playe...

David Paterson Needs to Find a New Job

Dan Collins | Posted 05.25.2011 | New York
Dan Collins

The strange craziness that began with the rumors that the New York Times was looking into his sex life has now reached a point that even most of David Paterson's harshest critics never expected.

Richard Ravitch Governor? If Paterson Resigns It Could Happen

Posted 05.25.2011 | New York

Richard Ravitch, Governor of New York? The prospect of Ravitch becoming governor is a very real possibility, should Gov. David Paterson resign due ...

Governor David Paterson: The Highlights And Lowlights

Huffington Post | David Weiner | Posted 05.25.2011 | New York

Governor David Paterson may go down as having the strangest governorship in New York state history, if not American history. Stepping into office in ...

Governor Richard Ravitch -- Now More Than Ever

David A. Singer | Posted 05.25.2011 | New York
David A. Singer

We need Governor Ravitch now. He's the adult in the room. Ravitch has the gravitas, trust and respect of elected officials from both parties.