NYS Budget

New York State Economic and Fiscal Outlook FY 2019

February 15, 2018. In its 28th annual New York State budget briefing book, the Fiscal Policy Institute analyzes and comments on Governor Andrew Cuomo’s FY 2019 Executive Budget. The Trump Administration’s tax law, looming federal budget cuts, multi-billion-dollar state budget deficits, glaring unmet human and physical infrastructure needs throughout the state...this year’s New York State budget negotiations are taking shape against a worrisome and uncertain backdrop. The president and congress are threatening to dismantle decades-old federal entitlement programs, make drastic cuts to programs that help millions [...]

2021-01-06T11:12:45-05:00February 15th, 2018|Blog, NYS Budget|

2018 FPI State Budget Briefing in Albany

On Tuesday morning, February 13, 2018, the Fiscal Policy Institute will present its 28th annual budget briefing in Meeting Room 7 of the Empire State Plaza Convention Center. A complimentary breakfast and check-in will begin at 8:30 a.m. Our presentation begins at 9:00 a.m. and ends at 10:15 a.m. We hope that you and/or your colleagues will be able to join us for what we are confident will be a useful and informative session. You can RSVP online here. The briefing will examine various aspects of the governor’s Executive [...]

2021-01-06T11:04:21-05:00January 24th, 2018|Fact Sheets, NYS Budget|

In Cuomo’s Budget Address, What’s Left Out Says as Much as What’s Said

January 18, 2018. According to this article, experts say that Gov. Andrew Cuomo's budget address lacked  detail. As he did in the State of the State, the Governor laid out the case that New York is under attack from the new federal tax law, thanks to a controversial $10,000 cap on the state and local tax deduction that will hammer many high-income New Yorkers, yet critics and budget experts alike noted that the governor still didn’t explain how he would carry out all of the [...]

2021-01-06T10:59:41-05:00January 18th, 2018|FPI in the News, NYS Budget|

People’s State of the State Address Held in Albany

January 3, 2018. ALBANY - Ahead of the governor's State of the State, the people held their State of the State on Tuesday. The 29th annual rally was held at the State Street entrance to the Capitol in Albany. Organizers say they're worried about the new federal tax plan and massive budget cuts which could be on the horizon for the neediest New Yorkers. Organizations at Tuesday's rally say the governor and state lawmakers need to take action to protect those in need from federal cuts.   [...]

2021-01-06T10:58:07-05:00January 3rd, 2018|FPI in the News, NYS Budget|

Lawmakers Look ahead to State of the State

January 3, 2018. CBS6 News: As lawmakers return to the Capitol this year, they face fiscal challenges, including a state budget deficit of more than $4 billion. Wednesday, Gov. Cuomo delivers his State of the State Address, which will outline some of his priorities. CBS6's Heather Kovar spoke with lawmakers Tuesday, and they say this is going to be a challenging year.   Access to news clip HERE.

2021-01-06T10:55:30-05:00January 3rd, 2018|FPI in the News, 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|
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