Business Council says business as usual in Albany a disaster for New Yorkers

“Despite facing budget deficits far into the future, the majorities in both houses of the legislature seem to think that they can continue doing business as usual. That is what caused the current fiscal crisis and it will continue the budget chaos New Yorkers are facing,” said Ken
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Deferring Tax Credits still on the table

This weekend, both Governor Paterson and the legislature issued new revenue bills to support the FY 2010-11 state budget. The legislative revenue bill (S.6610-B/A.9710-C) is available on our web site here, as is a comparison to the Administration bill. (Note, the bill has been slightl
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Here a tax, there a tax

In a Times Union editorial, the paper points out all the taxes that the legislature has put in place this year. Taxing us a nickel and a dime at a time while not making the reforms that they say we need to avoid future deficits. “With New Yorkers just trying to keep track of all
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Paterson defies Legislature on education aid

Tom Precious of the Buffalo News writes – ” Gov. David A. Paterson wasted little time Monday night vetoing some of the last major spending portions of the budget that had breezed through the State Legislature just hours earlier. The governor took out his veto stamp, with r
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Cuomo urging Paterson to veto pork spending

Sally Goldenburg of the New York Post writes – “Democratic gubernatorial candidate Andrew Cuomo sided with Gov. Paterson in his battle with state lawmakers yesterday, advising the governor to yank the Legislature’s prized pork-barrel spending as punishment for reject
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Governor Paterson “I’ll Veto Everything”

Ken Lovett and Glenn Blain of the Daily News write – “Gov. Paterson showed state lawmakers the power of the pen Monday night. Paterson capped a dramatic budget day at the state Capitol by vetoing $419 million in extra education aid defiant lawmakers tucked into their spend
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Business fix needed now

State Senator James Seward writes in the Daily Mail - “The 2010-2011 state budget, being approved bit by bit through weekly budget extender bills, is continuing to come together. The process is like crumbling up your medicine into tiny pieces and taking a little at a time rather
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Enough Already NY: Business Council president call out state legislature

Chris Miller of the Hudson Valley Business Journal writes – ” The recession and New York’s prolonged budget problems have shifted support for tax caps and less government spending from the margins to the mainstream, according to The Business Council of New York State’s
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How to fix New York’s public employee pensions

The cost of public employee pensions is one of the biggest contributors to New York’s high tax burden. In an opinion column in The New York Post, Erie County Assemblyman Jack Quinn offers a sensible solution to the problem. He writes:  “New York’s public pension sys
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Should New York demand a living wage?

Diana Furchtgott-Roth, a fellow at the Manhattan Institute, a columnist for RealClearMarkets.com and a senior fellow at the Hudson Institute, where she directs the Center for Employment Policy writes in the Daily News why the city and the state can not afford such a plan. “Many
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