Dave’s last chance

E.J. McMahon, the director of the Manhattan Institute’s Empire Center for New York State Policy writes in the New York Post about the latest attempt by the Governor to get a budget and reforms in place and the legacy Governor Paterson may leave. “Those “Empire gold&#
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Governor calls for furloughs, five-day weeks for legislators until budget deal is reached

Cara Matthews writes on Pressconnects.com – “Gov. David Paterson proposed Tuesday that the state furlough about 70 percent of state workers one day a week — about 100,000 people — until the Legislature agrees on a 2010-11 budget, now nearly a month late. Paters
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New York, make your voice heard in opposition to increased energy taxes

Once again Albany is proposing to increase taxes on energy. The Governor’s budget proposal would triple local Gross Receipts Taxes and the Assembly proposal would impose a sales tax on utility delivery charges that would range from 4% to over 11% depending on local tax rates. Th
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A bank tax as insurance for us all

David Leonhardt of the New York Times writes from Washington – “The financial regulation bill before the Senate has the potential to do a lot of good. But it also has at least one major flaw: it would not do enough to prevent taxpayers from paying the bill for a future cri
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Business Council opposed to bill that would limit contributions from business

The Business Council of New York State, has written a memo in opposition Senate bill S.7478 (Addabbo). This legislation would amend the State Finance Law to prohibit any business entity that has been awarded a contract or a renewal of a contract by the state or any department, agency
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Off Wall St., Worries about financial bill

New York Times reporters Eric Lichtblau and Ron Nixon write about how companies not in the financial services industry could be hurt by pending federal financial reform. “Mars, the maker of M&M’s and Snickers, wants to make sure it can continue dabbling in the derivatives
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Marcellus Shale: Another new water treatment technology developing in Pennsylvania

As reported in the Pittsburgh Tribune Review recently, a new venture, Frac Biologics, Inc. is working with a technology based on work done with biofilms which are cell communities that are manipulated to eliminate disease. Christopher Post, CEO of the company and a physician, and his
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Business Leaders urge legislature to pass Public Higher Education Empowerment and Innovation Act

The Business Council of New York State and other influential business leaders in New York along with local government and industry associations today issued an open letter to New York State legislators applauding SUNY Chancellor Nancy L. Zimpher on the launch of a new strategic plan f
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Paterson to successor: You will fail

Jacob Gershman writes in the Wall Street Journal writes about the Governor’s belief that no matter who succeeds him as governor, the State of New York does not have a structure that empowers a single leader to get his or her state out of a major conflict.” “In a 70-m
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GM to invest $890 million to upgrade plants

David Shepardson and Robert Snell of the Detroit News report – “GM will announce Tuesday that it is investing about $890 million to upgrade five North American factories as part of its small-block engine program, a person familiar with the matter said today. The investment
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