NYS Budget

29th Annual People’s State of the State

January 3, 2018. From the Capital Tonight Staff, state and local advocates rallied outside the Capitol on Monday for the annual "People's State of the State." This is its 29th year. Groups gather to discuss what they want lawmakers to consider for the upcoming session. It happens the day before the governor presents his state of the state address. Susan Zimet from the Hunger Action Network and Ron Deutsch from the Fiscal Policy Institute join us to talk more about it.   Access to Video [...]

2018-01-03T12:49:46-05:00January 3rd, 2018|FPI in the News, NYS Budget|

Cuomo Delivers Eighth State of the State Address Wednesday

January 3, 2018. Gov. Andrew Cuomo delivers his State of the State address on Wednesday, kicking off a challenging year of budget deficits and re-election races. This article states that the governor fought unsuccessfully to reverse the elimination of the deduction for state and local taxes, which harms some middle-class and wealthy taxpayers in the state. Cuomo, speaking on CNN over the holidays, said he’ll announce in his State of the State a plan to re-engineer the state’s tax code to try to mitigate the [...]

2018-01-03T11:37:43-05:00January 3rd, 2018|FPI in the News, NYS Budget|

People’s State of the State

January 3, 2018. On Tuesday, activists held the “People’s State of the State” to outline their priorities on the state and federal levels. The Capitol Pressroom previewed the event with Susan Zimet, Executive Director of the Hunger Action Network of New York State, and Ron Deutsch, Executive Director of the Fiscal Policy Institute. Access to Podcast HERE.

2018-01-03T16:27:31-05:00January 3rd, 2018|FPI in the News, NYS Budget|

As Legislative Session Starts, Sides Square off on Taxing the Rich

January 3, 2018. The two sides of what will likely be an overarching debate during the 2018 legislative session were on display Tuesday with progressives calling for an increased millionaires' tax and conservatives saying that existing taxes should be phased out as scheduled to prevent a further exodus of Empire State residents. We should be looking at a new top rate for the billionaires or those making $100 million, According to Ron Deutsch, executive director of the labor-backed Fiscal Policy Institute. He was among the [...]

2018-03-23T09:33:37-04:00January 3rd, 2018|FPI in the News, NYS Budget|

Progressives Unspool Counter-Programming to Cuomo’s Speech

January 3, 2018. In Albany on Tuesday,  a slew of progressive groups stood on the steps of the Capitol to hold a prebuttal to Wednesday's State of the State address and called for an increase in taxes to fund more social service programs. About two dozen people attended the People’s State of the State Address, holding signs that called for taxes on the rich and giving speeches about mass incarceration and the increasing lines at food pantries. Ron Deutsch, executive director of the labor-backed Fiscal [...]

2021-01-06T10:54:05-05:00January 3rd, 2018|FPI in the News, NYS Budget|

THE 29th PEOPLE’S “RESISTANCE” STATE OF THE STATE: The Empire State Strikes Back

Press Release For Immediate Release: January 2, 2018 Contact: Susan Zimet, Hunger Action Network of New York State (C) 845-527-5309 Ron Deutsch, Fiscal Policy Institute (C) 518-469-6769 (O) 518-786-3156 x7160             THE 29th PEOPLE’S “RESISTANCE” STATE OF THE STATE The Empire State Strikes Back  (Albany, N.Y.) The 29th Annual People's State of the State rally took place at the State Street entrance to the State Capitol today. Organizations from across New York State joined together in the freezing cold for what has become the long [...]

2021-01-06T10:52:12-05:00January 2nd, 2018|NYS Budget, Press releases|

Federal Tax-Code Changes Could Force New York to Adopt Lean Spending Plan

November 30, 2017. According to this article, a mounting state deficit and expected changes to the federal tax code are handing lawmakers their toughest choices in the seven years that Gov. Andrew Cuomo has been New York's leader. The state's most recent financial plan projects a budget deficit at $4.1 billion, but that gap could grow if tax receipts continue to lag behind the expected pace, according to state Comptroller Tom DiNapoli's office. Cuomo himself acknowledged the scope of the challenge during a stop Tuesday [...]

2021-01-08T09:45:46-05:00November 30th, 2017|FPI in the News, NYS Budget|

Tax Bill, Deficit Could Jumble N.Y. Budget

November 29, 2017. According to this article, a mounting state deficit and expected changes to the federal tax code are handing lawmakers their toughest choices in the seven years that Gov. Andrew Cuomo has been New York's leader. The state's most recent financial plan projects a budget deficit at $4.1 billion, but that gap could grow if tax receipts continue to lag behind the expected pace, according to state Comptroller Tom DiNapoli's office. Cuomo himself acknowledged the scope of the challenge during a stop Tuesday [...]

2021-01-08T09:45:26-05:00November 29th, 2017|FPI in the News, NYS Budget|

Tenney’s Vote for GOP Budget Draws Protest

October 16, 2017. Last week, a group of advocates and community organizers spoke out against the passage of the Republican House Budget Resolution in front of Congresswomen Claudia Tenney's office in New Harford. Congresswoman Tenney voted in support of the Republican House Budget Resolution, which aims to slash government safety-net programs like Medicaid and SNAP. With cuts to entitlements in excess of over $1 trillion over a ten year period, it is likely that New York will face large holes in the state budget. Ron Deutsch, [...]

2021-01-08T09:30:59-05:00October 16th, 2017|FPI in the News, NYS Budget|

FPI Releases 2017-2018 Budget Statement

For immediate release: April 11, 2017 Contact: Ron Deutsch, Executive Director 518-786-3156 (o), 518-469-6769 (c), deutsch@fiscalpolicy.org David Dyssegaard Kallick, Senior Fellow, Director, Immigration Research Initiative 212-721-7164 (o), 646-284-1240 (c), ddkallick@fiscalpolicy.org FPI Statement on 2017-18 Enacted State Budget There’s no question the newly-minted state budget contains some important public policy issues that should be lauded. However, given the governor’s very vocal concerns about funding threats from Washington, we sadly missed an opportunity to be proactive in protecting New York from potential federal budget cuts, and to [...]

2021-01-07T12:48:49-05:00April 11th, 2017|Blog, NYS Budget|

March 2017 NYC Budget Presentation

In his briefing on Mayor deBlasio’s Preliminary FY 2018 NYC Budget, James Parrott highlights the following: Cautious in face of an uncertain Washington: Federal aid is 1/3 of State budget (which is 18% of City budget); 8-10 % of City budget; 64% of NYCHA budget; and nearly half of the Health and Hospitals budget. State budget better this year, but still challenges: Governor proposed to extend millionaires tax, but it should be enhanced; threat to CFE-settlement determined school aid; handful of negative budget impacts for NYC. Before Trump’s [...]

2021-01-07T12:36:02-05:00March 16th, 2017|Blog, NYS Budget|

2017 Budget Forum, Elmira, NY

March 8, 2017 - Fiscal Policy Institute Holds Information Session ELMIRA, N.Y. (18 NEWS) - The Fiscal Policy Institute, a group affiliated with the labor movement offered an information session on the state budget at Catholic Charities in Downtown Elmira on Wednesday. One major issue discussed was the millionaires' tax, which is set to expire at the end of this year. State legislators can let it expire, extend it as is, or expand it. The Fiscal Policy Institute claims expanding the millionaires' tax would largely [...]

2021-01-07T12:38:17-05:00March 9th, 2017|Blog, NYS Budget|

Policy Brief: Expand the Millionaires’ Tax and Address New York’s Worst-in-the-Nation Income Inequality

March 7, 2017. The millionaires’ tax is New York’s fiscal Swiss Army knife, a tool that addresses many different needs. It helps fund important priorities, balance the New York State budget, respond to heightened income inequality, and lessen the overall regressive state and local tax structure. And it is very much needed in New York today. PDF of full Policy Brief

2021-01-07T12:38:56-05:00March 7th, 2017|NYS Budget, Reports, briefs and presentations|

Policy Brief: Federal Funding Cuts Could Cause Significant Budget Woes For NYS

February 23, 2017. New York State faces gargantuan budget challenges if the current federal administration is successful in pursuing the many cuts in funding to states proposed thus far. In its most recent policy brief, the Fiscal Policy Institute points out that over one-third of New York’s All Funds budget is comprised of federal funds and billions in additional funds are also sent to local governments, schools, and transportation. Altogether, over $70 billion in federal aid flows to the state and its local governments. The [...]

2021-01-07T12:27:43-05:00February 23rd, 2017|Blog, NYS Budget|

Testimony at the Joint Legislative Public Hearing on the FY 2018 Executive Budget – Taxes

February 7, 2017. Executive Director Ron Deutsch testified before the Senate Finance and Assembly Ways and Means Committees on the Governor’s FY 2018 Proposed Budget and Financial Plan. Income inequality, as indicated by the richest 1 percent share of total income, has grown substantially since 1980 in New York State as well as nationally. One of the most sensible tools the state has to address the growing income gap in New York is the millionaires' tax. The proposed extension of the millionaires' tax will help narrow the gap, [...]

2021-01-07T12:26:48-05:00February 7th, 2017|NYS Budget, Testimony|
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