Recent Work
Statement on Governor Hochul’s Announcement of a Budget Agreement
Budget agreement includes serious fiscal missteps that will undermine the State’s ability to weather federal funding cuts
Federal Policy Briefings
Thursday Briefing, April 17 https://youtu.be/AOGhN5R9myw
Budget Negotiations have Finally Started
Final budget must omit tax cuts, shore up funding for essential services – transit, childcare, housing – and fix unemployment insurance
How to Fund the MTA
Lawmakers must look to progressive revenue sources for MTA funding
Fixing Unemployment Insurance
Download the Memo Download the Report The Fiscal Policy Institute today released two publications on how to fix New York State's insolvent unemployment insurance system: a memo recommending tax changes, and a short report detailing the UI system’s chronic underfunding and low benefit level. Unemployment insurance (UI), which provides temporary income to laid-off workers, is one of the State’s most important economic stabilization policies. Unemployment can both throw workers into poverty and exacerbate recessions by driving down demand; UI counteracts these risks and can soften the blow of an economic [...]
Inequality in New York & Options for Progressive Tax Reform
A new report from the Institute on Taxation and Economic Policy (ITEP) finds that New York State is home to the highest concentration of extreme wealth in the United States. New York State also has the greatest income inequality in the United States. In order to understand inequality, we need to look at both income and wealth. By both of these measures, New York is the most unequal state in the nation.