Revenue-raising and cost-saving options

February 22, 2010. The Fiscal Policy Institute worked with the other members of the Better Choice Budget Campaign to develop a menu of revenue-raising and cost-saving options for consideration by the Governor and Legislature as they work to adopt a balanced budget for 2010-2011.

The chart of options was distributed at a press conference today at which advocates urged the governor and legislature to make “better choices” to balance the state budget – calling for more federal aid, and for Wall Street to help Main Street. FPI, New Yorkers for Fiscal Fairness, and a diverse group of statewide organizations joined forces to explore alternatives to state budget cuts that would further erode jobs and desperately needed services. Press release and Groups’ statement of support.

Briefing on Mayor Bloomberg’s Preliminary FY 2011 New York City Budget

February 9, 2010. Despite Wall Street’s rebound, unemployment and hardship are extremely high for most New Yorkers; at best, recovery will be very gradual. This briefing finds that the Mayor’s proposed budget cuts and the state budget-related contingency cuts will worsen unemployment and hardship. To mitigate the harmful impact of the budget, increased federal fiscal aid is the highest priority, followed by progressive income tax increases – less harmful than budget cuts. Briefing >>

New York State’s Economic and Fiscal Outlook for 2010-2011

February 3, 2010.  The Fiscal Policy Institute’s twentieth annual budget briefing. Briefing book on the 2010-2011 executive budget >>

Testimony at the Joint Legislative Public Hearing on the 2010-2011 Executive Budget Proposal – Economic Development

February 1, 2010. Testimony presented by James Parrott, FPI’s Deputy Director and Chief Economist.