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CBC News
A Special Conversation with Sarah E. Feinberg and Janno Lieber
March 30, 2021
Sarah Feinberg, New York City Transit Interim President. and Janno Lieber, Chief Development Officer of the MTA, joined the CBC for a special discussion on the challenges the MTA faced over the last year and what it continues to do to address those challenges.
Press Release
Pensions & Benefits
CBC Issues Report Detailing The Unsustainable And Growing Burden Of New York City's Other Post-Employment Benefit Debt
October 25, 2017
NYC's Other Post-Employment Benefits (OPEB) amounts to $95 billion. New policies should be implemented to reduce the financial burden on future generations.
Press Release
Capital Spending
CBC Issues Report Estimating Mario M. Cuomo Bridge Toll Will Double
October 13, 2017
In order to fully fund the cost of construction, CBC estimates that the toll will need to increase to approximately $10.
Press Release
City Budget
CBC Releases NYC Resident Feedback Survey Results
May 16, 2017
The results show which municipal services are in greatest need of improvement.
Op Ed
Transportation
Make the MetroCard a gateway to opportunity, not a barrier
Transit should be half-price for the working poor
January 08, 2017
Half-priced metrocards for low-income adults should be paid for by the City, not the MTA. The City already supports reduced fares for the elderly and disabled.
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
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
Public Workforce
City Workers, Pay Your Share
February 03, 2013
The cost of health insurance for New York City public employees and retirees is projected to grow by almost 40% by 2016 — rising to nearly $7 billion a year. That growth will amount to $1.5 billion of the $1.9 billion budget deficit projected for 2016.
Op Ed
State Budget
More Bang For NY's Buck
December 27, 2011
As Governor Cuomo prepares his executive budget, he should seek structral changes that slow down the state's most potent cost-drivers (pensions, school aid and Medicaid), halt additional economic development spending and steer clear of budget tricks. Senior Research Associate Tammy Gamerman pens an op-ed for the New York Post.
Op Ed
Capital Spending
Think Small to Think Big
July 10, 2011
In the July 2011 edition of the PPP Journal, Senior Research Associate Maria Doulis reviews the success of public-private partnerships in NYC and considers opportunities for pursuing additional PPPs.
Op Ed
State Budget
Improving New York's Fiscal Report Card Further
June 27, 2011
CBC President Carol Kellermann pens an op-ed congratulating the Governor and State Legislature on a productive session, but says more needs to be done on fiscal matters.
Op Ed
Pensions & Benefits
Pension Proposal: A Fiscal Remedy for New York
June 16, 2011
CBC President Carol Kellermann explains the need for pension reform in New York and why Governor Cuomo’s plan puts the State and the City on the road to good fiscal health.
Op Ed
Pensions & Benefits
NYC's Choice
June 05, 2011
Amid its budget crisis, the city is on track to lay off teachers, close fire companies, cut social services and impose other sacrifices. Yet such reductions could be avoided if the city reformed its unusually costly commitments for retiree health insurance and brought them in line with those of other public-sector employers.
Op Ed
Transportation
MTA Bus Service: Lots of Passengers, Limited Efficiency
May 17, 2011
CBC Executive Vice President and Director of Research Chuck Brecher pens an op-ed on our recent report comparing the MTA's unit costs with other large urban transit agencies in the United States.
Op Ed
State Budget
Filling in Cuomo's Budget Blanks
February 05, 2011
Gov. Andrew Cuomo's executive budget released last Tuesday was a welcome change. Breaking with past practice in Albany, he proposed closing the state's budget gap with $9 billion worth of serious belt-tightening.
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
Pensions & Benefits
City Worker Pensions Vs. Kids
Bloomy Must Cut Youth Services Because Adult Costs Are Out Of Control
December 04, 2010
New York provides a troubling example of how the inability to contain costs associated with a large municipal workforce imposes a greater burden on the most vulnerable populations, notably low-income children.
Op Ed
Transportation
Keeping the City from Falling Apart
July 28, 2010
With the city's 2011 operating budget recently approved it is worth asking how well current budgets provide for repair and maintenance of our roads, bridges, tunnels, parks and other public infrastructure. The answer is disappointing.
Op Ed
Pensions & Benefits
Sickening 'Sweeteners'
June 28, 2010
Pension contributions this year will cost the state government alone $1.7 billion in fiscal year 2010-11 -- an amount already set to grow 85 percent, to $3.2 billion, by 2014. How much higher must it go before the Legislature puts the taxpayers ahead of special interests?
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.