Economic Security & Opportunity

Vulnerable New Yorkers Would Lose up to $4.4 Billion in Federal Funding under House Budget Plan

March 30, 2005. The Senate’s plan has considerably smaller cuts in basic low-income programs. Will the Senate accede to the harsher House budget? A press release from the Fiscal Policy Institute.

Contact:  Trudi Renwick, 518-786-3156

New York’s share of federal funding cuts in key programs that assist our state’s low-income elderly residents, families with children, and people with disabilities could be as much as $4.4 billion over the next five years under the budget plan the House passed earlier this … (read more)

Simulations of the fiscal impact of the Schools for New York’s Future Act

March 25, 2005. District by district impact of the Schools for New York’s Future Act, prepared by FPI for the Campaign for Fiscal Equity.… (read more)

One Million Elderly New Yorkers Rely on Social Security for At Least Half Their Income

March 23, 2005. News from the Fiscal Policy Institute:

More than one million elderly New Yorkers depend on Social Security for at least half their income and 571,000 depend on Social Security for more than 90% of their income, according to a new study released today by the Fiscal Policy Institute and the Economic Policy Institute.  The study, Social Security and the Income of the Elderly, co-authored by Michael Ettlinger, director of the Economic Analysis and Research Network (EARN) … (read more)

Testimony presented at the New York State Legislature’s Joint Budget Hearing on Human Services

February 7, 2005. Analysis of: the ways in which the 2005-2006 Executive Budget proposes to utilize the state’s federal Temporary Assistance for Needy Families (TANF) block grant; the Governor’s proposal to reduce the earned income disregard for long term cases and to impose full family sanctions on families out of compliance with work requirements; the Governor’s proposal to provide an enhanced earned income tax credit for noncustodial parents; ways in which the Unemployment Insurance system could be reformed; and how … (read more)

Escalating Prescription Drug Costs

February 2, 2005. This issue of Fiscal Policy Note$ outlines options for reform.… (read more)

Balancing New York State’s 2005-2006 Budget in an Economically Sensible Manner

January 25, 2005. The Fiscal Policy Institute’s briefing on Governor George E. Pataki’s Executive Budget and alternative approaches to balancing New York State’s 2005-2006 budget.

See pages 16 through 24 for FPI’s analysis of the economic impact of the Legislature’s 2003 decisions to add two temporary top rates to the state income tax and avoid deep cuts in aid to public schools. See pages 33 through 37 for FPI’s analysis of the Governor’s school aid proposals for 2005-2006.

Briefing book (read more)

Social Security Keeps More than 800,000 Elderly New Yorkers Out of Poverty

November 18, 2004. Pooling the three most recent years of data from the Census Bureau’s Current Population Survey, this issue of Fiscal Policy Note$estimates poverty rates with and without Social Security benefits for the elderly in New York.… (read more)

Calculating the Cost of a Sound Basic Education

November 17, 2004. A supplemental affidavit submitted by FPI to the three court-appointed referees in the landmark school funding adequacy case (Campaign for Fiscal Equity vs. New York State). This supplemental affidavit and an earlier October 26, 2004 affidavit were prepared in response to questions from the referees regarding regional cost indices, the state government’s “cost effectiveness” filter and weightings for poverty and other special needs. In these affidavits, Mauro responds to questions from the referees regarding regional cost indices, … (read more)

Women’s Economic Security in New York

November 12, 2004. Presentation prepared for the Policy Summit for Women Elected to New York State’s County and City Governments, sponsored by the  Susan B. Anthony Center for Women’s Leadership at the University of Rochester. Also see: Fact Sheet on NY Women’s Economic Security.… (read more)

Early Investment in Kids = Huge Payoff to Taxpayers

October 19, 2004. New York press release:

A new study being released today by the Economic Policy Institute finds that increased federal and state investments in comprehensive high quality early childhood development programs would more than pay for themselves – generating more than $2 in returns to taxpayers for every $1 invested. The overall economic benefits would be even greater – more than $8 in benefits to society for each $1 invested.

The report, Exceptional Returns: Economic, Fiscal, and Social (read more)