Economic Security & Opportunity

Time to trim pensions of city workers?

June 11, 2006. Point/counterpoint on public pension policy in the New York Daily News.

No.  Municipal workers deserve a decent retirement. By James A. Parrott, Fiscal Policy Institute

While Mayor Bloomberg is taking a prudent step in establishing a retiree health trust fund, he has taken a wrong turn in seeking to reduce pension benefits for newly hired city workers.

Many large corporations, from United Airlines to Delphi to IBM, have destroyed or diluted the promises they made to … (read more)

Regulating the Financial Sector in New York: Have the Activities of the State Attorney General Been Good or Bad for the Industry?

May 2006. Full Report >>

Executive Summary

Following the bursting of the “dot-com” and stock market bubbles of the late 1990s, and several widely publicized corporate-finance scandals, new federal regulations were put into place, most notably the Sarbanes-Oxley Act. At the State level, local regulatory institutions also focused new attention on the financial-services sector. In particular, the Office of the Attorney General (OAG) of New York State has been extremely active in investigating various financial-services firms in New York. These … (read more)

$90 million in TANF Funds Trapped in Budget Limbo

May 24, 2006. Advocates call upon Governor to adopt legislature’s bi-partisan agreement on TANF Funds. Press release below. Also see attachments: The Allocation of the New York’s TANF Block Grant Funds for 2006-07 and Flexible Fund for Family Services allocations by county.

Assemblymember Deborah Glick and Advocates for Low-Income New Yorkers held a press conference today at the Legislative Office Building to urge Governor Pataki to stop playing politics with federal Temporary Assistance to Needy Families (TANF) block grant … (read more)

New York State’s Dual Crises: Low Graduation Rates and Rising School Taxes

May 18, 2006. A new report issued by the Public Policy and Education Fund of New York with the assistance of the Fiscal Policy Institute.… (read more)

Over $1 Billion in TANF Block Grant Funds Trapped in Budget Limbo

May 3, 2006. Groups call upon the Governor to adopt the legislature’s bi-partisan agreement on use of Temporary Assistance for Needy Families funds. Joint release from New Yorkers for Fiscal Fairness, the Fiscal Policy Institute, the Hunger Action Network of New York State and the Empire Justice Center:

Advocates for Low-Income New Yorkers held a press conference today at the Legislative Office Building to urge Governor Pataki to stop playing politics with over $1 billion in federal Temporary Assistance to … (read more)

The Impact of Federal TANF Reauthorization in New York

March 2, 2006. This report is based on testimony presented by FPI Senior Economist Trudi Renwick to the Assembly Standing Committee on Social Services.… (read more)

The Implementation and Effectiveness of New York’s Low Income Home Energy Assistance Program

February 1, 2006. Testimony presented before the Assembly Standing Committees on Energy, Social Services and Aging joint hearing.… (read more)

Balancing New York State’s 2006-2007 Budget in an Economically Sensible Manner

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 >>(read more)

Temporary Assistance for Needy Families (TANF) Spending in New York

December 27, 2005. This report, by FPI Senior Economist Trudi Renwick, reviews the evolution, over the past nine years, of New York State’s use of its federal TANF block grant funds and the related “Maintenance of Effort” (MOE) resources. It also presents a preliminary review of the implementation, by social services districts across the state, of the Flexible Fund for Family Services (FFFS), New York’s new state-to-local block grant.… (read more)

Fair Taxes: The Key to Better Schools

Fall 2005. A training curriculum prepared by the Public Policy and Education Fund of New York and the Fiscal Policy Institute.… (read more)