Federal budget

It’s bad, but not that bad

April 18, 2009. Something’s slowing the plunge. It must be the billions in taxpayer bailouts. An op ed by James Parrott, Crain’s New York Business.(read more)

We’re All in This Together: Federal, State, and Local Governments All Have a Part to Play in the Economic Recovery

February 26, 2009. The National Association of County Administrators asked FPI’s Frank Mauro and James Parrott to write the lead article for The Journal of County Administration, December 2008/February 2009. The article stresses that while the $787 billion American Recovery and Reinvestment Act provides a significant lifeline to the states at a critical point in time, it will not completely eliminate the need for some painful budget balancing actions by state and local governments. The key challenge for the … (read more)

The Obama Stimulus: An $825 Billion First Step

January 20, 2009. An article by James Parrott, FPI’s deputy director and chief economist, who writes regularly for Gotham Gazette’s Economy section. Article >>(read more)

Bush Administration Rule Would Force Health Centers to Close

September 8, 2008. FPI and others urge Congress to block this hostile rule and provide temporary fiscal relief through Medicaid. The new rule would have wide-ranging negative impacts of the new rule; advocates ask for a one-year moratorium and for inclusion of a temporary increase to the Federal Medical Assistance Percentage (FMAP) in the second emergency supplemental stimulus package. Press release and letter to members of Congress.… (read more)

Extending the State Fiscal Relief Provisions of the American Recovery and Reinvestment Act

June 8, 2010. The federal government’s failure to extend its increased share of state Medicaid costs would leave New York with an additional $1.06 billion in state budget cuts – on top of the cuts already on the table as part of Governor Paterson’s 2010-2011 gap closing plan. In this analysis, FPI calculates that if the state decided to fill the additional $1 billion dollar gap through workforce reductions, the number of layoffs would be in the 15,000-16,000 range. … (read more)

Fed Directive Threatens to Cut Funds for New York Children’s Health Coverag

May 6, 2008. A report from the Center for Children and Families at Georgetown University shows that the Bush administration bypassed Congress to issue a directive that will cut children’s health insurance funding in New York – at a time when residents and taxpayers can ill afford it. Report co-released by FPI, New York Children’s Action Network and Medicaid Matters New York. Press release >>(read more)

President’s budget reflects wrong priorities for New York

February 20, 2008. FPI’s release showing the detailed impact of President Bush’s $1.7 billion cut to New York for 2008-2009.… (read more)

Stimulating the Economy

January 29, 2008. An article by James Parrott, FPI’s deputy director and chief economist, who writes monthly for Gotham Gazette’s Economy section. Article >>(read more)

What to Know Before Analyzing the State Budget

January 20, 2008. This brief provides information about the state’s economy, its finances, and three policy issues (property taxes, economic development and economic security) that are sure to receive significant attention during this year’s budget debates. It also touches on the federal stimulus package now being debated in Washington, and how that package may help or hurt in the balancing of the state budget.… (read more)

Impact of a budget veto on New Yorkers’ vital human needs

October 31, 2007.  FPI senior economist Trudi Renwick participated in a telephone press conference organized by Citizen Action and the Emergency Campaign for America’s Priorities to illustrate the impact of a budget veto on New Yorkers’ vital human needs. Read ECAP’s press release.… (read more)