Monthly Archives: February 2017

Policy Brief: Federal Funding Cuts Could Cause Significant Budget Woes For NYS

February 23, 2017. New York State faces gargantuan budget challenges if the current federal administration is successful in pursuing the many cuts in funding to states proposed thus far. In its most recent policy brief, the Fiscal Policy Institute points out that over one-third of New York’s All Funds budget is comprised of federal funds and billions in additional funds are also sent to local governments, schools, and transportation. Altogether, over $70 billion in federal aid flows to the state and its local governments. The [...]

2024-12-18T12:26:57-05:00February 23rd, 2017|Blog, State Budget|
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Briefing on Mayor de Blasio’s FY 2018 Preliminary NYC Budget

On Friday, March 10, 2017, the Fiscal Policy Institute will present its annual New York City budget briefing to the Economic Justice and Social Welfare Network at the Federation of Protestant Welfare Agencies (FPWA). The briefing presentation will be from 9:30 a.m. to 11:00 a.m. The briefing is open to the public. To register for this free event, please click here. The topics to be covered during the briefing include: An overview of the Mayor's Preliminary FY 2018 City budget NYC's social and economic context at [...]

2024-12-18T12:26:57-05:00February 20th, 2017|Fact Sheets|
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Testimony at the Joint Legislative Public Hearing on the FY 2018 Executive Budget – Taxes

February 7, 2017. Executive Director Ron Deutsch testified before the Senate Finance and Assembly Ways and Means Committees on the Governor’s FY 2018 Proposed Budget and Financial Plan. Income inequality, as indicated by the richest 1 percent share of total income, has grown substantially since 1980 in New York State as well as nationally. One of the most sensible tools the state has to address the growing income gap in New York is the millionaires' tax. The proposed extension of the millionaires' tax will help narrow the gap, [...]

2024-12-18T12:26:57-05:00February 7th, 2017|State Budget, Testimony|
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New York State Economic and Fiscal Outlook FY 2018

February 7, 2017. In its 27th annual New York State budget briefing book, the Fiscal Policy Institute analyzes and comments on Governor Andrew Cuomo’s FY 2018 Executive Budget. This year’s New York State budget negotiations take shape against a worrisome backdrop. The president and congress are threatening to dismantle the Affordable Care Act, make drastic cuts to programs that help millions of New Yorkers, and create a hostile environment for the states four million immigrants. The state has an important role to play to help [...]

2024-12-18T12:26:57-05:00February 7th, 2017|Blog, Reports, Briefs and Presentations, State Budget|
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2017 State Budget Briefing in NYC

On Thursday afternoon, February 16, 2017, the Fiscal Policy Institute will present its New York State budget briefing in New York City at Community Service Society (CSS). Check-in and refreshments will begin at 2:30 p.m. Our presentation begins at 3:00 p.m. and ends at 4:00 p.m. We hope that you and/or members of your staff will be able to join us for what we are confident will be a useful and informative session. You can RSVP online here. The briefing will examine various aspects of [...]

2024-12-18T12:26:57-05:00February 3rd, 2017|Blog, State Budget|
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