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]
December 17, 2009. New estimates released today by the Center on Budget and Policy Priorities (CBPP) are based on seven provisions of the American Recovery and Reinvestment Act (ARRA) that directly affect individuals: three tax credits for working families, two unemployment insurance expansions, an increase in food stamps, and a one-time payment for retirees, veterans, and people with disabilities. Not only is the Recovery Act is creating jobs, helping close state and local budget gaps, and boosting the broader economy, it is also softening the [...]
November 18, 2009. A new study from the Institute on Taxation and Economic Policy (ITEP), co-released by FPI, shows that middle-income families in New York pay a higher share of their income in state and local taxes (12.0 percent) than do the state's richest families (who pay only 9.4 percent of their income in state and local taxes). Data for New York, full report, 50 states.
November 5, 2009. A five-pager by FPI's Frank Mauro and Ron Deutsch of New Yorkers for Fiscal Fairness. Three points: 1. First, do no harm! 2. Understand the role of federal aid and state reserves during economic downturns 3. Make better budget choices for 2010‐2011. This brief was distributed at a press conference at which FPI, New Yorkers for Fiscal Fairness, and a diverse group of statewide organizations joined forces to publicize the harmful impact of many of the governor's proposed cuts. Group press release [...]
November 5, 2009. FPI, New Yorkers for Fiscal Fairness, and a diverse group of statewide organizations joined forces to publicize the harmful impact of many of the governor's proposed cuts, and to urge the Legislature to look at less painful alternatives. Group press release >>
October 26, 2009. Testimony presented by James Parrott, Deputy Director and Chief Economist of FPI, to the Senate Finance Committee.
October 21, 2009. Testimony presented by Frank Mauro, Executive Director of FPI, and Ron Deutsch, Executive Director of New Yorkers for Fiscal Fairness, to the Assembly Ways and Means Committee. Mauro and Deutsch discussed why $1.8 billion of the $3 billion in deficit reduction actions proposed by Governor Paterson for the current state fiscal year would harm the still-fragile state economy. The Governor's other $1.2 billion in gap-closing recommendations together with additional actions that will not hurt the state economy should be used to ensure [...]
October 19, 2009. At a public forum hosted by Assemblyman Marcus Molinaro in Hopewell Junction, Frank Mauro of the Fiscal Policy Institute discussed the workings of New York State's current property tax system, and John Whiteley of the New York State Property Tax Reform Coalition discussed property tax relief and reform options for New York State. Watch the video >>
October 15, 2009. Statement from FPI Executive Director Frank Mauro.
May 26, 2009. A new study from the Center on Budget and Policy Priorities profiles the American Recovery and Reinvestment Act (ARRA) in New York and Virginia. The experience of these two states suggests that the state fiscal assistance in the economic recovery legislation is having its intended effect: enabling states to balance their budgets with fewer cuts in public services that would harm residents and further slow the economy. The study is part of a special series of reports, Economic Recovery Watch.
May 21, 2009. Presented by chief economist James Parrott at the committee's public hearing on New York State's business tax reform. New York could have a more rational and fairer business tax system by adopting a rule to fix problems with the way multi-state corporate income is apportioned, by revamping its overly generous Investment Tax Credit, and by adjusting its taxation of unincorporated businesses. Testimony >>
May 7, 2009. Testimony before the New York City Council Committee on Civil Service and Labor and Committee on Contracts. "Contracting in" offers budget savings and efficiency while promoting better quality jobs for New Yorkers. To pursue these goals, the Council should consider reforms to the contracting process and decision-making.
April 22, 2009. The Omnibus Consortium (www.omnibustaxsolution.org) joined today with Senator Liz Krueger in support of her reform bill S.4239, calling for action by end of session. Press release >>
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.
March 27, 2009. The Omnibus Consortium (www.omnibustaxsolution.org) held a video press conference today to urge that this flawed program be replaced with a meaningful circuit breaker. Group press release >>