NYS budget

Look to Wall Street for help

April 12, 2010. An op ed by Frank Mauro, FPI’s executive director, and Ron Deutsch of New Yorkers for Fiscal Fairness, Albany Times-Union.… (read more)

Establishing a Fair, Adequate and Economically Sensible State-Local Tax System

April 7, 2010. This policy brief from FPI reviews specific revenue raising options that would  enable New York to close its budget gap while making the overall tax system  fairer and minimizing damage to the economy.

The brief was released as the Better Choice Budget Campaign announced a statewide TV ad campaign to raise awareness of opportunities to raise revenues in ways that minimize damage to the state’s fragile economy – including closing corporate tax loopholes and asking Wall Street … (read more)

Testimony at the Joint Legislative Public Hearing on the 2010-2011 Executive Budget Proposal – Human Services

April 2, 2010. Testimony presented by Carolyn Boldiston, FPI’s Senior Fiscal Policy Analyst.   (This is a revised version of testimony originally delivered on February 10,  2010.)… (read more)

Raise Taxes to Balance the Budget

March 12, 2010. FPI Executive Director Frank Mauro discusses Lieutenant Governor Richard  Ravitch’s fiscal reform plan on Capitol Tonight, explaining why tax increases should be part of a balanced approach to closing New York State’s projected budget gap. Video >>(read more)

The Ravitch Plan

March 11, 2010. James Parrott, FPI’s Deputy Director  and Chief Economist, was a guest on the Brian Lehrer Show today. He discussed Lieutenant Governor Richard Ravitch’s plan to reform the New York  State budget process and to borrow money to help solve New York State’s fiscal  problems. Listen >>(read more)

Balancing the New York State Budget in an Economically Sensible Manner

March 10, 2010. New York State should balance its budget during the current economic downturn in ways that will not make economic conditions worse. The budget balancing strategies of the early 1990s should be avoided, while those of 2003 and 2009 demonstrate the benefits of more balanced approaches to budget balancing. The wisest policy choices are  those that will take the least amount of demand possible out of the state economy; this brief contains a number of specific options.… (read more)

Revenue-raising and cost-saving options

February 22, 2010. The Fiscal Policy Institute worked with the other members of the Better Choice Budget Campaign to develop a menu of revenue-raising and cost-saving options for consideration by the Governor and Legislature as they work to adopt a balanced budget for 2010-2011.

The chart of options was distributed at a press conference today at which advocates urged the governor and legislature to make “better choices” to balance the state budget – calling for more federal aid, and for … (read more)

New York State’s Economic and Fiscal Outlook for 2010-2011

February 3, 2010.  The Fiscal Policy Institute’s twentieth annual budget briefing. Briefing book on the 2010-2011 executive budget >>(read more)

Testimony at the Joint Legislative Public Hearing on the 2010-2011 Executive Budget Proposal – Economic Development

February 1, 2010. Testimony presented by James Parrott, FPI’s Deputy Director and Chief Economist.… (read more)

Paterson’s “Budget of Necessity”

January 20, 2010. From New York Now’s live coverage of the state budget release, a brief clip featuring Frank Mauro, the executive director of the Fiscal Policy  Institute, and David Liebschutz, the director of strategic planning and analysis at the Center for Governmental Research. Watch >> [2:25]… (read more)