As the New York City Council grapples with a budget that proposes cuts to child care, senior services and homeless shelters, to name a few, the handouts to corporations and big banks with little accountability or transparency are appalling.
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.
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.
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.