Tuesday afternoon, I instructed my staff to provide to Governor Paterson and his staff a series of 'conversation starters' for reducing New York's projected $3 billion budget... more »
The currently projected $2.1 billion State Budget deficit is expected to swell to $4.6 billion in 2010-11, $13.3 billion in 2011-12, and $18.2 billion in 2012-13, culminating in a three-year, out-year gap of... more »
During his speech to the New York Conference of Mayors in Saratoga Springs last week, Governor David Paterson made the dire announcement that state tax revenues have declined by 35 percent, which could... more »
In December, Governor David Paterson released his 2009-10 Executive Budget proposal with the promise to New Yorkers that during this economic downturn our state would craft a fiscally responsible budget... more »
We all know that New York is facing the toughest economic conditions it has seen since perhaps the Great Depression. Unemployment may reach ten percent, retirement plans and stock portfolios have been... more »