Policy & Research

How the CDPAP Transition Could Leave Thousands of Home Care Workers Uninsured

The statewide transition to PPL on April 1 risks being a catastrophe for home care workers – lowering wages while eliminating health insurance coverage for tens or even hundreds of thousands of workers. Neither PPL nor the state has offered any explanation of why this is happening or what PPL intends to do about it; many workers are currently seeking information about whether they will still have health insurance on April 1.

Michael Kinnucan2025-03-25T14:06:57-04:00March 17th, 2025|Featured on Home, Healthcare|

Annual Briefing on the Executive Budget

FPI released its annual report on the Executive Budget for Fiscal Year 2026

Fiscal Policy Institute2025-02-20T18:46:05-05:00February 20th, 2025|State Budget|

Medicaid Enrollment: Getting the Facts Straight

Stories of a New York Medicaid enrollment crisis are difficult to square with other data. Census data shows that 47.0 percent of New Yorkers were covered by employer-sponsored insurance in 2023; that’s slightly below the national average of 48.6 percent, but certainly not a crisis

Michael Kinnucan2025-02-16T13:36:08-05:00February 15th, 2025|State Budget|

Strange Accounting: Understanding the Growth in New York’s Medicaid Spending

The Executive Budget projects total state-share Medicaid growth of 17.1 percent, or $6.4 billion – an extraordinary rate of growth. Department of Health Medicaid spending alone is projected to rise by $4.3 billion or 13.7 percent. Yet enrollment has declined sharply over the past 18 months and is projected to remain virtually flat this year. What explains this dramatic divergence between spending and enrollment?

Michael Kinnucan2025-02-16T13:36:59-05:00February 15th, 2025|State Budget|

FPI’s First Look at the Executive Budget

Video of FPI's first look at the fiscal year 2026 executive budget

Fiscal Policy Institute2025-01-29T18:23:02-05:00January 29th, 2025|State Budget|

Fact Sheet: New York State’s Economy

Population growth, widening inequality, and cost-of-living strains

Emily Eisner2025-01-29T23:14:21-05:00January 29th, 2025|Economic Outlook|

How Does the Inflation Rebate Stack Up?

The proposed “inflation rebate” will not offset NY’s cost-of-living squeeze

Emily Eisner2025-01-29T18:19:26-05:00January 29th, 2025|Fact Sheets, State Budget|

Fact Sheet: The 2026 Executive Budget’s Fiscal Outlook

The executive budget makes significant upward revisions to its expected revenue for both the current and upcoming fiscal years (fiscal years 2025 and 2026, respectively), raising anticipated tax receipts by $4.6 billion and $4.1 billion from the levels projected in the fiscal year 2025 enacted budget financial plan. Strong personal income tax receipts drive higher-than-anticipated revenue.

Andrew Perry2025-01-29T10:50:00-05:00January 29th, 2025|State Budget|

The Economic and Fiscal Impacts of Mass Deportation

New York’s economy depends on immigrants, including those without documentation. Deportation of these workers would dramatically decrease affordability and availability of food, homes, and care—all basic needs for New Yorkers.

Fiscal Policy Institute2025-01-23T08:43:40-05:00January 23rd, 2025|Economic Outlook, Labor Market & Workforce|

Statement on Fiscal Year 2026 Executive Budget

Governor Hochul today released her executive budget for fiscal year 2026, which reflects an overdue recognition of the State’s strong fiscal position and capacity for making new public investments in order to ease cost of living pressures for working New Yorkers.

Fiscal Policy Institute2025-01-21T21:28:50-05:00January 21st, 2025|Press Releases, State Budget|

What to Expect in the Budget: Housing Policy

The fiscal year 2026 budget cycle is upon us and “affordability” is taking center stage. The mandate to address the rapidly rising cost-of-living in New York has never been more urgent, with consumer prices up about 20 percent since 2020. The cost of housing, in particular, has skyrocketed in the years since the Covid-19 pandemic, with home prices up over 50 percent—making housing costs the number one priority for addressing affordability in New York.

Emily Eisner2025-01-31T14:33:57-05:00January 20th, 2025|Housing, State Budget|

What to Expect in the Budget: Healthcare

Healthcare didn’t take center stage in Governor Hochul’s State of the State address this week, but that doesn’t mean it won’t be central to New York politics this session. After all, rising healthcare costs are a key component of the affordability crisis squeezing New Yorkers, with premiums for individual and small-group health insurance set to increase by 12.7 percent this year.

Michael Kinnucan2025-01-19T10:55:58-05:00January 19th, 2025|Healthcare, State Budget|

Governor Hochul’s Affordability Policy Report Card

Governor Hochul’s State of the State address made clear that “affordability” is her top priority this session. As part of her agenda, Governor Hochul and her team have put forward a set of policies intended to “put money back in New Yorkers’ pockets.” The four major proposals include a tax cut, an “inflation rebate payment,” an expansion of the child tax credit, and fully funding free school lunches for all public-school students in the State.

Emily Eisner2025-01-18T11:20:10-05:00January 18th, 2025|Housing, State Budget|

New Census Data Show Population Growth as well as Continuing Affordability Challenges

Census data released last month show that New York’s population growth has returned to pre-Covid patterns, characterized by both overall population growth and affordability pressure driving many working and middle-income New Yorkers to leave the state.

Emily Eisner, Andrew Perry2025-01-18T01:24:52-05:00January 16th, 2025|Economic Trends & Policy, Migration|

Statement on 2025 State of the State

The governor's policy agenda lacks a strategy for structural reforms to lower the cost of living

Fiscal Policy Institute2025-01-14T16:08:44-05:00January 14th, 2025|Press Releases, State Budget|