March 1, 2006. Presentation >>
February 15, 2006. Testimony of Frank J. Mauro, Executive Director, Fiscal Policy Institute, presented to the Joint Budget Hearing on Economic Development and Taxes before the Assembly Ways and Means and Senate Finance Committees. The centerpiece of the 2006-07 Executive Budget is a return to the pre-2001 practice of enacting large multi-year, backloaded tax cuts. The myriad of tax reductions being proposed by the Governor would reduce state revenues by about $1 billion in 2006-07. But because the proposed tax reductions would take effect in [...]
February 9, 2006. Presentation by FPI Deputy Director and Chief Economist James Parrott. Presentation >>
February 1, 2006. Testimony presented before the Assembly Standing Committees on Energy, Social Services and Aging joint hearing.
January 31, 2006. The Fiscal Policy Institute's analysis of Governor George E. Pataki's Executive Budget and alternative approaches to balancing New York State's 2006-2007 budget. (See pages 28, 29 and 42 through 57 for analysis of school funding issues.) Briefing book on the 2006-2007 executive budget >>
January 26, 2006. New studies find that New York has the most unequal income distribution of the 50 states. And the situation in the Empire State has gotten much worse over the last two decades. This is among the findings of a new report from FPI, Pulling Apart in New York: An Analysis of Income Trends in New York, by the Fiscal Policy Institute. Also see Pulling Apart: A State-by-State Analysis of Income Trends, a new analysis of income trends in the 50 states by [...]
January 20, 2006. Economic analysis by the FPI for the New York City Employment and Training Coalition and the New York City Workforce Investment Board. Among the findings: With several very large employers, this sector currently employs 200,000 workers and will offer tens of thousands of career opportunities over the next ten years. The jobs are more likely than others in NYC to be full-time and union-represented; workers tend to be non-white, male, and/or immigrants. Even in a globalizing economy, the sector is likely to [...]
January 17, 2006. Policy basics from the Center on Budget and Policy Priorities - first written in 2003, and updated regularly.
January 2006. The State Legislature must act to provide New York with new revenues - and more equity. An op ed by Frank Mauro, The Clarion.
January 1, 2006. On January 1, 2006, the second step of a 3-step increase in New York State's minimum wage (from $6 an hour to $6.75 an hour) takes effect. Opponents of the minimum wage are again arguing that such an increase will hurt the very workers that it is intended to help by resulting in a reduction in the number of jobs and work hours provided by low wage employers. But this preliminary assessment -of the impact of the first step of this phased [...]