A Decent Start: Albany's First Fiscal Fixes
In this op-ed published in the New York Post, CBC Research Director Charles Brecher commends Governor Spitzer and the State Legislature for agreeing on legislation that aims to enhance the timeliness and transparency of the state budget. The speed with which the agreement was reached -- just over two weeks -- is impressive. The taxpayers now have good reason to believe that these reforms are just first steps toward more significant fiscal responsibility. Two crucial issues to be addressed are the State's enormous debt burden and projected deficits.