New York State economy

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 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)

Brief- Ranked Choice Voting: Saving Money While Improving Elections

Ranked Choice Voting: Saving Money While Improving Elections

June 28, 2018. The New York City Charter Review Commission is currently reviewing several proposals for changes to the charter. The proposal for ranked choice voting, also known as instant runoff voting, has garnered a good deal of enthusiasm around the city, but some questions have been raised about what the cost of such a system might be. The Fiscal Policy Institute examined this question, and our conclusion is that there would … (read more)

Op-Ed: Don’t Jump After Janus: Why Public Workers Should Stick With Their Unions

June 28, 2018. The following op-ed about the Supreme Court ruling on Janus vs. AFSCME written by FPI’s senior economist, Brent Kramer; deputy director, David Kallick; and chief economist, Jonas Shaende, was featured in the NY Daily News. 

The recent Supreme Court ruling in Janus vs. AFSCME poses a real threat to public sector unions. Traditionally, in New York — as in many other states — everyone covered by a union contract was required to pay either dues or an … (read more)

FPI joins Government and Budget Watchdogs to Call on Assembly Speaker Heastie to Allow Vote on Database of Deals and Comptroller’s Procurement Integrity Act

June 18, 2018. The Fiscal Policy Institute joined Citizens Budget Commission, Citizens Union, Common Cause NY, and Reinvent Albany in front of the Federal Courthouse in Manhattan to call on Assembly Speaker Heastie to Allow a vote on the Database of Deals and Comptroller’s Procurement Integrity Act.

FPI’s Chief Economist, Jonas Shaende gave the following remarks during the press conference this afternoon, “The lack of transparency and proper oversight enables corruption as is evidenced by these massive criminal trials. The … (read more)

Progressive Groups, Government and Budget Watchdogs Call On Assembly Speaker Heastie to Allow Vote on Database of Deals and Comptroller’s Procurement Integrity Act

Contact:

Ron Deutsch, Fiscal Policy Institute, 518-469-6769

John Kaehny, Reinvent Albany, 917-941-9865

Jessica Wisneski, Citizen Action of New York, 845-901-0264

Jasmine Gripper, Alliance for Quality Education, 347-301-6277

Ethan Geringer-Sameth, Citizens Union; 914-715-0887

Susan Lerner, Common Cause New York; 917-670-5670

Jennifer Wilson, League of Women Voters NYS; 518-465-4162

Blair Horner, NYPIRG; 518-727-4506

Michael Kink, Strong Economy for All, 518-527-2787

Progressive Groups, Government and Budget Watchdogs Call On Assembly Speaker Heastie to Allow Vote on Database of Deals and Comptroller’s Procurement Integrity (read more)