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Press Release
Economic Development
Watchdog Groups Call for Emergency Oversight Hearing
Groups Respond to Historic Bid-Rigging Scandals
October 13, 2016
Numerous prominent budget and transparency watchdog groups today called on New York leaders to hold emergency oversight hearings on the allegations by the U.S. Attorney of the largest bid-rigging scandals in state history.
Video
Economic Development
State Economic Development Programs: Are We Getting Our Bang for Our Buck?
TWC News
September 29, 2016
Allegations in state government are bringing more light to the state's economic development - the cost of many programs continues to rise but the rate of return doesn't hold up. CBC's Dave Friedfel explains.
Press Release
Economic Development
CBC Releases Scorecard Assessing the NYC Metro Area's Competitiveness
Scorecard Compares the NYC Region with the Nation’s 14 Other Largest Metropolitan Areas
September 28, 2016
The Citizens Budget Commission (CBC) today released its 2016 Competitiveness Scorecard, which assesses the competitiveness of the New York City metropolitan area (NYC metro) in attracting and retaining highly educated talent.
Video
Transportation
Proposed Changes to the MTAs Pricey Access-A-Ride Program Could Improve Service
NY1
September 20, 2016
About 150,000 disabled New Yorkers use the MTA's pricey Access-A-Ride service to get around the city each day. Two new studies are proposing ways to dramatically improve service and save taxpayers more than $100 million a year.
Op Ed
Health Care
Improving Medicaid Further In New York Is Challenging But Vital
June 20, 2016
The State’s Department of Health and its Medicaid Redesign Team have developed and implemented strategies that have yielded significant quality improvements and savings, but much more is needed.
Press Release
Health Care
CBC Report Finds Cost-Effective NYS Medicaid Reforms Face Challenges
Significant Additional Gains Will Require Several Years, Continued Refinement of Strategies
May 23, 2016
This report finds that the strategies of the Medicaid Redesign Team and the New York State Department of Health have yielded significant savings and quality improvements, but realization of their full potential faces serious implementation challenges.
Op Ed
City Budget
A Mixed Budget Message
May 02, 2016
Mayor Bill de Blasio’s executive budget and accompanying four-year financial plan send a mixed message about New York City’s fiscal outlook. For the short term, economic performance and local revenues are exceeding expectations this year.
Video
Economic Development
NYS Exposed
Risky Business Investments
April 25, 2016
Billions of your taxpayer dollars are used in an effort to lure businesses to our region to create jobs. What's being done to make sure state money isn't being wasted?
Op Ed
State Budget
What Will Be The Long-Term Impact Of The State Budget Agreement?
April 03, 2016
Gov. Andrew Cuomo’s proposed budget projected out-year deficits of $1.2 billion, $3 billion and $3.4 billion in state fiscal years 2018, 2019, and 2020 (before unspecified savings associated with adherence to a 2 percent state operating spending growth cap).
Op Ed
Transportation
How to Fill the MTA's Budget Gap
November 18, 2014
Nearly six of every 10 of the 3.7 million people entering New York’s central business district each weekday rely on the Metropolitan Transportation Authority’s commuter rails, subways and buses.
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
Transportation
PATH Should Be Run By New Jersey Transit
May 04, 2014
PATH is the only mass transit system in the nation with no tax subsidy. That should be changed, and responsibility for running PATH should be shifted to New Jersey Transit.
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.
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.
Video
Transportation
MTA: More Subway Tubes Flooded During Sandy Likely Need Repairs
NY1
September 17, 2013
The head of the Metropolitan Transportation Authority warns that subway tubes flooded during Hurricane Sandy likely still need repairs on equipment damaged by saltwater.
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.
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.