New York State Budget

Cuomo: NY State Budget Will Increase Spending On Schools And Poor

AP | MICHAEL GORMLEY | Posted 03.28.2012

Read More: Video, Andrew Cuomo, New York State, Ny News, New York State Budget, Governor Andrew Cuomo, New York Welfare, Cuomo, New York News

ALBANY, N.Y. -- New York is poised to embark on a large economic development program, provide more assistance to the poor, and increase spending on pu...

Read Whole Story

Cuomo Announces Site Auctioning Off New York's Official Junk

Posted 02.23.2012

Read More: Andrew Cuomo, Nypd, State Auction, Coney Island, New York State, Ny News, Property Room, New York State Budget, New York News

Governor Cuomo may have stressed the need to stimulate New York's sluggish economy, but are legislators in such dire need of cashflow to start selling...

Read Whole Story

No Tax Hike For New York State

AP | MICHAEL GORMLEY | Posted 03.18.2012

Read More: State Budgets, Andrew Cuomo, Governor Cuomo, New York State Budget, Ny News, New York Taxes, New York News

ALBANY, N.Y. — Gov. Andrew Cuomo on Tuesday tried to turn his annual budget address into a kickoff for taming Albany's status quo of politics an...

Read Whole Story

Economic Inequality and Social Immobility

Richard Buery | Posted 07.20.2011

Read More: Poverty, Social Immobility, Governor Cuomo, Mayor Bloomberg, After-School Programs, Children, New York City Council, Early Childhood Education, Economic Inequality, New York State Budget, The Children's Aid Society, New York News
Richard Buery

In March, NY adopted a budget where a $10 billion budget shortfall was closed by cuts in education, health, and human services. These cuts will have profoundly negative effects on NY's most vulnerable citizens.

Read Post

Five Items That Didn't Make The Budget Agreement

Bed-Stuy, NY Patch | C. Zawadi Morris | Email the Author | March 29, 2011 | Posted 05.30.2011

Read More: New York State Budget News, New York State Budget Cuts 2011, New York State Budget 2011, New York State Budget Cuomo, New York State Budget Deficit 2011, New York State Budget, Ny News, New York State Budget Cuts, New York News

It looks as though Governor Andrew Cuomo has scored big: He finessed an on-time budget agreement between top legislators in the Senate and Assembly on...

Read Whole Story

The Futility of American State Budget Politics

Steven Cohen | Posted 05.29.2011

Read More: New York State Legislature, New York State Budget, Governor Andrew Cuomo, Politics News
Steven Cohen

The only way out of the descending political spiral over taxes, spending, and state budgets is for the image of government to turn around and for people to once again believe that their tax money is well spent.

Read Post

Lawmakers Agree On Budget Plan For New York

AP | By MICHAEL GORMLEY | Posted 05.28.2011

Read More: Gov. Cuomo, New York State Budget 2011, Mayor Bloomberg, New York State Budget Cuts, New York State Budget Education, New York State Budget Deficit 2011, New York State Budget, New York State Budget Crisis, New York News

ALBANY, N.Y. -- Gov. Andrew Cuomo said a tentative $132.5 billion state budget deal he struck with legislative leaders Sunday was nothing less than hi...

Read Whole Story

New York Millionaires Offer To Pay Extra Taxes For Budget Woes

| Julie Shapiro | Posted 05.25.2011

Read More: Taxes, Bloomberg, Andrew Cuomo, Millionaires, Michael Bloomerg, NYC Taxes, Millionaire Tax, New York State Budget, New York News

MANHATTAN -- Millionaires across New York State are banding together to ask for more taxes. About 100 wealthy New Yorkers, including actor Mark...

Read Whole Story

A Portrait of the Austerity Committee

Kevin Connor | Posted 05.25.2011

Read More: New York State Budget, Andrew Cuomo, Budget Cuts, Austerity, New York News
Kevin Connor

The economic development model that came to dominate during the 1970s -- tax breaks for big businesses, rather than public investment in infrastructure and services -- is still in full force.

Read Post

New York's State Deficit Problem Solved: EBAY

Posted 05.25.2011

Read More: Ebay, State Budgets, State Budget Deficits, New York State Budget, New York News, New York State, State Budget Crisis, Ny News, New York News

New York has the solution to the deficit problem: EBAY. The Daily News reported that the government made "$1.3 million last year by selling its unwan...

Read Whole Story

Cuomo Could Cut Up To 15,000 State Jobs

Posted 05.25.2011

Read More: Andrew Cuomo, Andrew Cuomo Governor, New York State Budget, New York Layoffs, Andrew Cuomo Layoffs, Ny News, New York State Budget Cuts, New York News

Gov. Andrew Cuomo is considering cutting as many as 15,000 state workers in an effort to shrink the state's $9 billion budget gap. The workforce re...

Read Whole Story

New York Can't Afford Tax Breaks for the Wealthiest

Chloe Tribich | Posted 05.25.2011

Read More: Income Tax, Andrew Cuomo, New York State Budget, MTA Budget, New York News
Chloe Tribich

Governor Cuomo's plan to give a tax break to the wealthy gets it wrong. The root of New York's fiscal problems isn't high taxes or excessive spending. It's that we tax the wrong people.

Read Post

Budget: Late, Unbalanced

Henry J. Stern | Posted 05.25.2011

Read More: Brennan Center, New York State Assembly, New York State Budget, New York State Senate, New York News
Henry J. Stern

New York State lived up to its reputation, first reported six years ago by the Brennan Center for Justice, as having "the most dysfunctional legislature in the United States."

Read Post

State Budget FINALLY Approved

dnainfo.com | Posted 05.25.2011

Read More: New York Budget Crisis, New York State Legislature, New York Budget, New York State Budget, Hedge Fund Taxes, David Paterson, New York Legislature, New York News

By Heather Grossmann DNAinfo News Editor MANHATTAN -- New York State finally passed it's four-month late budget with the State Senate's approved o...

Read Whole Story

Paterson Plans Mass Layoffs

nydailynews.com | By Oren Yaniv and Glenn Blain | Posted 05.25.2011

Read More: Gov. Paterson, New York State Deficit, Gov David Paterson, New York State Budget, New York Layoffs, David Paterson, New York Legislature, New York Special Legislative Session, New York News

Gov. Paterson is preparing to slash the state's workforce. Escalating his battle with public employee unions, Paterson said Monday planning for layof...

Read Whole Story

How Albany Kills Job Creation

Kathryn Wylde | Posted 05.25.2011

Read More: Albany New York, Kathy Wylde, Indian Point New York, Budget, Telecommunications, Health Insurance, Economic Growth, New York State Budget, Telecom, New York News
Kathryn Wylde

The only good way to end New York state's fiscal crisis is job creation and economic growth -- but much of state government doesn't seem to have gotten the message.

Read Post

Bloomberg: NY State Budget Too Taxing On The Rich

AP | Posted 05.25.2011

Read More: Ny Taxes, New York State Budget, Michael Bloomberg, NY Budget, Rich Taxes, Mayor Bloomberg, New York News

ALBANY, N.Y. (Associated Press) -- New York City Mayor Michael Bloomberg said Albany's plan for a state a budget will be a big help -- for Connecticut...

Read Whole Story

New York City Government Makes Tough Budget Choices While Albany and Washington Play Political Games

Steven Cohen | Posted 05.25.2011

Read More: New York State Budget, Mayor Bloomberg, Budget, New York City Schools, New York City Budget, Mta, Mta Budget Cuts, New York News
Steven Cohen

Payments to retired government workers are coming at the expense of cutbacks in the city's classrooms. Talk about intergenerational injustice. The current New York City and New York State budget crises are hitting programs that build for the future at the expense of paying bills due today.

Read Post

Andrew Cuomo to New York State School Districts: Drop Dead

David A. Singer | Posted 05.25.2011

Read More: Fred Dicker, Andrew Cuomo, Property Taxes, Governor David Paterson, New York State Budget, New York News
David A. Singer

The state fiscal year is nearly one-quarter over -- and there's still no adopted state budget. Governor Paterson has twice rammed through extenders to keep the state government operating.

Read Post

Queens County Economic Forecast

Kathryn Wylde | Posted 05.25.2011

Read More: Kathy Wylde, Excelsior-Jobs-Program, Housing Market, Economic Development, Jobs, New York State Budget, Credit Crunch, Gross Domestic Product, Financial Regulatory Reform, Emerging Economies, Intellectual Property, Unemployment, Comprehensive Immigration Reform, Richard Ravitch, Queens New York, Commercial Real Estate, New York News
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...

Read Post

Paterson Calls Special Budget Sessions, Disrupting Dem, GOP Convention Plans

nydailynews.com | By Glenn Blain | Posted 05.25.2011

Read More: Democratic Convention, Governor David Paterson, Paterson Puts Budget Before Conventions, David Paterson, New York Budget, New York State Budget, Republican Convention, New York, New York City, New York News

Gov. Paterson threw cold water on the convention plans of Democrats and Republicans Tuesday. Fed up with the lack of progress in state budget negotia...

Read Whole Story

Ravitch Budget Plan Calls For Control Board, Borrowing Billions

AP | Posted 05.25.2011

Read More: Richard Ravitch, Control Board, New York State, Ravitch Plan, New York State Budget, David Paterson, New York Budget Deficit, New York News

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

Read Whole Story

Public Hospitals Fear Huge Loss In State Money

nytimes.com | ANEMONA HARTOCOLLIS | Posted 05.25.2011

Read More: Public-Hospitals, Governor David Paterson, New York State Budget, David Paterson, Health Care, New York City, New York, St. Vincent's Hospital, New York News

The city's public hospital system, the largest in the nation, is facing a fiscal crisis because New York State is threatening to cut its financing for...

Read Whole Story

New York State Deficit To Get $750 Million Larger

AP | Posted 05.25.2011

Read More: Thomas DiNapoli, New York Economic Crisis, New York Deficit, New York State Budget, David Paterson, New York News

New York (Associated Press) -- New York Gov. David Paterson said Wednesday the projected deficit for the upcoming fiscal year has grown $750 million t...

Read Whole Story

A New York State Banker Bonus Tax

George Gresham | Posted 05.25.2011

Read More: Tarp, Wall Street, Financial Reform, New-York-State-Budget, Economic Crisis, Banker Bonus Tax, New York Budget, Aig, Bank Bonuses, Wall Street Bonuses, New York News
George Gresham

New York State should implement a onetime 50 percent payroll tax on bankers' cash bonuses over $50,000, with the proceeds invested in our heath care system and children's education.

Read Post