Additional Commentary – Gov. Cuomos Business Development Program a costly failure.

In From the Desk Of by Hal PetersonLeave a Comment

Back in early 2015, the Citizens Budget Commission (CBC) issued a fifteen page study of New York’s expanding economic development program titled “Bigger Not Better.” CBC is a nonprofit, nonpartisan civic organization devoted to influencing constructive change in the finances, and services of the state. In the introduction of this report mention is made of some completed activities that have …

Cuomo Is Copying the Worst of Rockefeller

In From the Desk Of by Hal PetersonLeave a Comment

By E. J. McMahon – Senior Fellow @ the Manhattan Institute January 20, 2016 In his combined State of the State and budget message last week, Gov. Cuomo officially unveiled $100 billion in “transformative” infrastructure projects — enough to “make Governor [Nelson] Rockefeller jealous.” That wouldn’t be easy, even if it were desirable. To finance a 15-year building binge that …

Cuomo will have no trouble finding new muck mates*

In From the Desk Of by Hal PetersonLeave a Comment

The ar­rest of Ske­los on Mon­day, less than three months af­ter Sil­ver also was busted on fed­eral charges, neuters the lead­ers of both par­ties in both houses of the Leg­is­la­ture. The Em­pire State was never a bas­tion for the pure of heart, but the twin take­downs make this an era of his­toric ve­nal­ity. Still, to call the ar­rests shock­ing wouldn’t …

Three big moves in the wrong direction

In From the Desk Of by Hal PetersonLeave a Comment

March 24, 2015 By E. J. McMahon The most important financial details of New York’s budget has already have been settled — basically on Cuomo’s terms. And there’s some (mostly) good news: Spending growth will be kept below the governor’s 2 percent target. The bad news? The Democratic-controlled Assembly and Republican-run Senate have agreed to follow the governor’s lead by making …

Wasting A $6 Billion New York Windfall

In From the Desk Of by Hal PetersonLeave a Comment

April 06, 2015 By E. J. McMahon On April 1, New York state began a new fiscal year in a unique position: sitting on more than $6 billion in extra cash. But rather than seizing the opportunity to reduce the state’s reliance on debt while addressing urgent infrastructure needs, Gov. Andrew Cuomo will squander it largely on political pork and corporate …