Jobs, Wages & Income

New Report: Economic Impact of Long Island’s Opioid Crisis

The Fiscal Policy Institute’s new report “The Staggering Cost of Long Island’s Opioid Crisis” revealed the economic impact of this health crisis and how the financial burden is borne by all of us: as taxpayers, consumers, and businesses. While the devastating personal costs of addiction have always been clear, the report shows just how significant the effect has been on Long Island’s economy through lost productivity, and other costs to businesses, emergency services, libraries, and others. On Long Island, the … (read more)

Legislators & Advocates Call for Working Family Tax Credits to Fight Childhood Poverty

On many levels, New York is an affluent state with high median incomes, quality schools, and prosperous corporations, but as the United Way reports, 45 percent of households in NYS cannot afford basic necessities.  As evidenced by the United Way of New York’s comprehensive, data-driven ALICE (Asset Limited, Income Constrained, Employed) report, relying on the federal poverty guidelines is a poor measure – it is clear that while struggling working families may be above the poverty line, they are far … (read more)

Report: Nearly Half of New York Renting Families Are Rent-Burdened

April 29, 2019. Families should pay no more than 30 percent of their income for rent according to housing advocates. Many public agencies set their support levels to meet this standard. Unfortunately, we find that across New York State, and in some of its major cities, significant shares of families are paying more than 30 percent of their income in rent. This is especially true among families of color. Severe rent burdens can badly reduce families’ ability to pay for … (read more)

Reworking New York State’s Family Tax Credits

March 8, 2019. The human costs of child poverty are staggering. Experiencing poverty as a child – even for short stints – can impair brain development, physical and mental health, and academic achievement, and increase the possibility of child welfare involvement.  And the impacts can last a lifetime.  Childhood poverty is the single best predictor of adult poverty.

Child poverty also imposes extraordinary economic costs to the state.  A report just issued by the National Academies of Sciences, Engineering, and … (read more)

FPI Supports Bill to End Company-Specific Subsidies

February 20, 2019. Senator Julia Salazar and Assemblymember Ron Kim were joined by Senator Michael Gianaris, the Fiscal Policy Institute, and community-based organizations as they introduced new legislation to end corporate welfare packages. The proposed bill would enact a collective agreement between all states that join, an interstate compact, to end the costly Race to the Bottom between different cities and states, which has cost many of them billions annually in taxpayers’ money for several decades. The legislation can be … (read more)

Join us for FPI’s FY 2020 Budget Briefing in NYC on March 4th

On Monday morning, March 4th, 2019, the Fiscal Policy Institute will present its twenty-ninth annual budget briefing at the Community Service Society (633 Third Avenue, 10th Floor, New York, NY 10017). Please bring photo ID for lobby security.

A complimentary breakfast and check-in will begin at 8:30 a.m. Our presentation begins at 9:30 a.m. and ends at 10:30 a.m. We hope that you and/or members of your staff will be able to join us for what we are … (read more)

Join us for FPI’s FY 2020 Budget Briefing on February 12th

On Tuesday morning, February 12th, 2019, the Fiscal Policy Institute will present its twenty-ninth annual budget briefing in the Huxley Theater at the New York State Museum (Madison Avenue Side of the Empire State Plaza Concourse). The Huxley Theater is a bit more of a walk down the concourse than our usual locations, but it’s great venue, with a large screen and amphitheater seating.

A complimentary breakfast and check-in will begin at 8:15 a.m. Our presentation begins at 9:00 (read more)

Press Release: 30th Annual Peoples State of the State

For Immediate Release: January 8, 2019

Media Contact: Susan Zimet, Hunger Action Network of NYS, 845-527-5309 susanzimet@gmail.com Ron Deutsch, Fiscal Policy Institute, 518-469-6769 deutsch@fiscalpolicy.org

30th Peoples State of the State The New Hope Budget New Politics, New Action, New Budget

(Albany, NY) Today’s Peoples State of the State address marks the 30th year that advocates from across New York State joined together for what has become the long standing “unofficial” kickoff of the legislative session in Albany. However, … (read more)

Press Release: Statewide Coalition Urges State Leaders to Adopt New Hope Budget for All of New York

For Immediate Release:

December 18, 2018

Media Contacts:

Peter Cook, Executive Director, New York State Council of Churches – 508.380.8289 Ron Deutsch, Executive Director, FPI – 518.469.6769 Michael Kink, Executive Director, Strong Economy for All Coalition 518.527.2787

Statewide Coalition Urges State Leaders to Adopt New Hope Budget for All of New York 

The New Hope Budget

Albany, NY –   Representatives from organizations across the state unveiled a set of principles which address the cries of far … (read more)

Press Release: New Report Reveals How NY Economic Development Funds Shortchange Communities of Color

FOR IMMEDIATE RELEASE 

August 2, 2018 

Media Contact

Yatziri Tovar, yatziri.tovar@maketheroadny.org, 917-771-2818

Ron Deutsch, deutsch@fiscalpolicy.org, 518-469-6769

New Report Reveals How NY Economic Development Funds Shortchange Communities of Color

Report released today by Make the Road New York & the Fiscal Policy Institute shows white males massively overrepresented on Regional Councils and funding for communities of color drastically less than for white communities.

See the press release letter here.

New York, NY (August 2nd, 2018)—Today, Make the Road New York, … (read more)