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February 12, 2018The Governor's proposals represent bold and important steps to address the negative impacts the federal tax law will have on New Yorkers and to maintain New York's competitive position.
January 24, 2018The federal tax overhaul passed last month may have enormous impacts in New York. What can we expect and what are the best responses?
December 21, 2017The Special Committee consists of CBC trustees, civic leaders, and policy experts, and will identify the greatest impacts and options for appropriate state and local government action.
Press Release State Budget
March 19, 2018The CBC released a comprehensive report detailing the massive impacts the Tax Cuts and Jobs Act will have on the residents and revenues of New York State, as well as the steps needed to address these problems.
March 18, 2018Strategies to mitigate the federal tax law's threat to New York's competitiveness and New Yorkers' wallets.
Statement State Budget
April 10, 2017Despite fears of substantial cuts in federal aid, the nine-day tardy adopted budget includes excessive spending without needed reforms.
Podcast episode City Budget
January 25, 2018New York taxpayers could lose as much as $14.3 billion in federal tax deductions because of the capping of the state and local tax deduction in the new federal tax law. State Budget Director Robert Mujica and New York City First Deputy Mayor Dean Fuleihan discuss the potential impact and possible responses at a special conference event.
Video City Budget
March 01, 2018Watch the keynote address from NYC Comptroller Scott M. Stringer, recipient of the Medal for High Civic Service, and remarks from former Federal Reserve Board Vice-Chair Stanley Fischer.
Report Health Care
August 31, 2017$5 billion in annual supplemental payments are important to the finances of many hospitals. Federal policy will shrink these payments; the impact will be most severe for NYC municipal hospitals.
Blog State Budget
December 17, 2017With a reported gap between $4.4 billion and $6.3 billion, and billions in federal changes yet to be recognized, here's what CBC will ask when Governor Cuomo rolls out the 2019 Executive Budget.
Podcast episode Taxes
November 09, 2017$67 billion is the amount of state and local taxes New York State residents deduct from their federal tax returns each year. Known as SALT, this deduction is the topic of intense debate in Washington. Congressional leadership proposes to eliminate or cap SALT in order to offset the cost of corporate and other tax cuts.
Special guest Jay Kriegel, Senior Advisor at Related Companies, is a New York communications and strategic advisor who has been involved in a number of major New York political and policy initiatives. In 1986, Jay led a national coalition that thwarted an attempt to eliminate the SALT deduction, and today he has taken a leadership role in the coalition to protect it.
Statement State Budget
January 17, 2018The overall approach is to use short-term fixes that do not address the long-term structural problem of spending outpacing revenues.
Video State Budget
February 15, 2018NYS Budget Director Robert Mujica presents the annual New York State Executive Budget Briefing to CBC.
Blog Health Care
April 18, 2017Taxes initially earmarked for health care programs are now being transferred to the State's General Fund and used for other purposes. The Legislature should replace them in future budgets.
Report Capital Spending
October 12, 2017Tolls for the new Governor Mario M. Cuomo Bridge have not been released yet, but based on construction costs, CBC estimates it will be approximately $10 for cars, double the current rate.
Blog State Budget
February 06, 2018Spending growth in the NYS Fiscal Year 2019 Executive Budget will be 4.1 percent - more than twice what was claimed when the budget was released.
March 09, 2017Do the State's transportation and transit investments really achieve "parity" between the DOT and the MTA? They don't -- and they shouldn't.
Letter Economic Development
January 18, 2018The Governor should reject any new economic development and business subsidies until major anti-corruption and transparency reforms are put in place.
Letter State Budget
March 05, 2018CBC's take on proposals that should be supported, modified, or rejected.
September 07, 2017Based on the most recent national data, New York spends more per pupil than any other state: $21,206 per pupil compared to the national average of $11,392 as of the 2014-2015 school year.