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Press Release
CBC News
Twenty Watchdogs Ask Governor’s Budget Office For Transparency About State Funds Being Withheld and Advanced as Emergency Adjustments to Budget
December 22, 2020
Public Does Not Currently Know How Much State Funding is Being Withheld From Individual Agencies Such as MTA, or By Program
Video
CBC News
How the Coronavirus Affects the City and State’s Bottom Line
Spectrum News NY1
March 10, 2020
Andrew Rein discuss the impact of the coronavirus crisis on the city and state’s bottom line.
Op Ed
State Budget
An Easy Trim
December 15, 2007
This op-ed states that if State leaders want to avoid tax increases in what is already one of the most heavily taxed states in the nation, they will need to find savings of about $6 billion to $7 billion per year over the next three years.
Op Ed
State Budget
NY Budget: Better Luck Next Year
April 18, 2007
In this op-ed published in the New York Post, CBC President Diana Fortuna writes that, while the 2007-2008 New York State budget negotiations resulted in a few modest reforms, the budget process is still highly dysfunctional, and New Yorkers are still the nation's most heavily taxed people.
Op Ed
State Budget
A Decent Start: Albany's First Fiscal Fixes
January 23, 2007
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.
Op Ed
State Budget
Debt Donnybrook: Legislative Battle NY Needs
October 22, 2006
To rein in runaway debt, CBC recommended that State leaders enact four high-priority reforms: 1) Stop issuing State-funded debt to cover operating deficits; 2) Make authorities' borrowing part of the State's capital plan; 3) Institutionalize rigorous financial review of authority borrowing; and 4) Reduce future debt for capital spending.
Op Ed
State Budget
NY's Debt Mess
April 24, 2006
As of April 25, 2006, debt accumulated by the State's public authorities exceeded $166 billion, which was nearly three-quarters of the State's outstanding debt. This op-ed explains the problems with the authorities' three types of debt and makes suggestions for reform.