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Op Ed
Health Care
Fiscal Challenges for NYC's Health and Hospitals Corporation
November 10, 2014
In fiscal year 2013, the Health and Hospitals Corporation (HHC) ran a deficit of $668 million. Final numbers for fiscal year 2014 have not been released, but the estimated deficit is $645 million.
Op Ed
Capital Spending
What New York Should Do With $4B
July 23, 2014
New York State will soon receive more than $4 billion in settlements from large financial institutions. It is an unprecedented windfall and it is generating discussion about what to do with the money.
Op Ed
Health Care
New York State's Leadership in Providing Health Insurance
April 16, 2014
Amidst the national controversy over the creation of health insurance exchanges or marketplaces, the launch and early months of New York's official health plan marketplace stand out.
Letter
State Budget
CBC Recommendations on Tax Relief and Reform Proposals in Executive Budget
March 05, 2014
This letter expresses support for Executive Budget tax reforms, but recommends that action on the property tax relief proposals be deferred until their design is improved and the surplus necessary to sustain them is achieved.
Op Ed
Economic Development
How to Make NYC Economic Development More Effective
January 26, 2014
The start of the new administration offers an important opportunity to review the city's economic development practices and assure that they foster growth by making business incentives more cost-effective and transparent.
Letter
Education
CBC Urges Approval of Preschool Special Education Oversight Bill
December 10, 2013
CBC urges the approval of A7302-A/S5568-A, a bill that will improve the oversight of preschool special education program providers and reduce fraud, abuse and mismanagement.
Letter
Taxes
CBC Recommendations to the New York State Tax Relief Commission
November 26, 2013
This letter to the NYS Tax Relief Commission includes cautions about the State's ability to commit to large new property tax relief programs, and recommendations for providing better relief with the $4 billion the State spends on current programs.
Op Ed
Economic Development
Find Ways to Attract Talent
August 11, 2013
CBC's Director of New York City Studies Maria Doulis pens an op-ed in the New York Times' Room for Debate on how the next mayor can achieve important economic development goals: more jobs, a more diversified industry mix, a larger middle class and enhanced entrepreneurship.
Op Ed
Economic Development
Remaining the World's Most Competitive City
June 18, 2013
A study released earlier this month by The Economist Intelligence Unit held good news for New York City, which ranked first among 120 global cities based on ability to attract capital, businesses and talent. But the competition is fierce, and is not limited to international megacities like London, Singapore, Hong Kong, and Tokyo.
Op Ed
Pensions & Benefits
Reining in New York City's Skyrocketing Health Insurance Costs
April 17, 2013
The City's employee unions, whose contracts have expired, may prefer to wait and negotiate with the next mayor, but the election won't change the fiscal reality: the City's share of health insurance premiums for city workers and retirees is high in comparison to norms in the private and public sectors.
Letter
State Budget
Recommendations on the FY2013-2014 New York State Budget
March 07, 2013
In a letter to the state legislature the CBC makes recommendations for the fiscal year 2013-14 New York State budget.
Op Ed
Economic Development
NY's People Strengths Need Constant Work
February 09, 2013
Human capital is a hot topic. Thriving in the information economy requires a highly skilled workforce with specialized expertise and an ability to innovate. Attracting such a workforce is essential to New York's ability to retain strength in core industries and cultivate emerging ones.
Op Ed
Pensions & Benefits
NY Needs Real Pension Reform
December 07, 2010
Senior Research Associate Maria Doulis pens an op-ed on the need to reform public employee pensions that costs state and local governments nearly $1.5 billion.
Op Ed
Health Care
Where Cuomo Should Cut Medicaid
November 29, 2010
Governor-elect Andrew Cuomo, facing a $9 billion projected gap in the state budget when he takes office in January, should move quickly to rein in the state's out-of-control Medicaid spending.
Op Ed
State Budget
Fill the Gaps: End Protected Overspending
November 07, 2010
CBC President Carol Kellermann offers advise to the upcoming Cuomo administration on the State budget, namely to end overspending in the areas of school aid, Medicaid and employee compensation.
Letter
Pensions & Benefits
CBC Encourages Governor Paterson to Veto Benefit Sweeteners
July 22, 2010
The fiscal realities of the time have not deterred the Legislature from advancing dozens of bills enhancing benefits for State and local employees and retirees. Three were already sent to you for consideration this week; another will be shortly. We are writing to ask that you veto them.
Op Ed
Housing
Rent Regulation: A Big Tax On NY
The Law Needs a Massive Overhaul
July 06, 2010
The push to continue rent regulation is fueled by far more populist rhetoric than economic reason. As a corrective, a new report by the Citizens Budget Commission reveals some startling facts about the current system.
Op Ed
Economic Development
NY Needs to Create Jobs
June 02, 2010
Deputy Research Director Elizabeth Lynam penned an op-ed in the Albany Times Union that advocates for the overhaul of the State's economic development programs in order to capture true job creation with scarce resources.
Letter
Economic Development
CBC Urges the State Legislature to Let the Empire Zones Program Sunset
April 12, 2010
This letter was written to urge the State legislature to allow the seriously flawed Empire Zones program to sunset as of June 30, 2010, as established by law, and to enact the Excelsior program as proposed by the Governor.
Op Ed
City Budget
Time for Prudence in City Benefits
April 10, 2010
Executive Vice President and Director of Research Charles Brecher pens this op-ed that discusses ways to rein in growth of the City's retirement benefits, notably pensions and health insurance.