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“#NY tax revenue from casinos down $600M amid pandemic” The cratering of revenues at New York’s casinos during the coronavirus pandemic has devastated government coffers and turned the state’s schools and into big losers. Casino revenues dedicated to education and the state treasury have plummeted by $600 million in the current fiscal year, state Gaming…
“#Letters to the editor — Jan. 17, 2021” Not bailing on Don I am glad I am not in a foxhole with Salena Zito. I have spoken to many Republican friends and none have abandoned President Trump (“Over & Don With,” PostScript, Jan. 10). He didn’t incite the riot and he didn’t call for looting,…
“#Andrew Cuomo’s sad State of the State speech” Entering the back half of his third term amid a pandemic he’s badly mishandled, Gov. Andrew Cuomo offered a truly sad State of the State Address on Monday, full of empty noise and short on serious new ideas. He kicked off the 45-minute speech with a rehash…
“#Andrew Cuomo and the Legislature get desperate for cash” Money hunger is raging in Albany, trumping all other policy concerns. The greed is so bad that the state risks turning legalized pot and online-betting into money losers. Amid falling tax revenues and a growing projected budget deficit, Gov. Andrew Cuomo has embraced legal weed and…
“#Cuomo backs mobile sports betting in bid to close budget gap” ALBANY — Gov. Andrew Cuomo is backing the legalization of mobile sports betting in New York in a push to close the state’s $15 billion budget gap looming in this year’s state budget — marking an about-face for the Democratic governor who previously opposed…
“#NY leaders need to face facts, and start making real cuts” Good budget news for New York: The pandemic hasn’t driven down tax revenues by as much as feared, while the feds have been far more generous with pandemic relief than local pols want to admit. The bad news: Neither Mayor de Blasio nor Gov….
“#Democrats’ supermajority in state Senate is terrible news for NY’s economy” Beware Dems’ new Albany supermajorities As if a second COVID wave weren’t enough, New York’s prospects for economic recovery will face new headwinds — from Albany. When most of a record 1.9 million mail-in ballots were finally counted last week, it was clear the…
“#Biden’s push for compromise on relief bill means Cuomo, de Blasio won’t get bailouts” In a fresh sign that Gov. Andrew Cuomo and Mayor Bill de Blasio won’t be getting the vast federal bailouts they’ve been hoping for, President-to-be Joe Biden is reportedly pushing congressional Democrats to settle for a smaller relief bill. “Smaller” is…
“#No matter who wins the elections, New York is still in big trouble” After months of waiting for a federal coronavirus stimulus bailout that never materialized, Gov. Cuomo has staked the future stability of New York’s public finances on the outcome of this year’s election. Cuomo is banking on a Joe Biden win and a…
“#Cuomo waiting until after 2020 election to take budget action: report” Gov. Andrew Cuomo is pushing off tough financial decisions until after the 2020 election — and has not released blueprints for a plan B in the event federal funding doesn’t come through to help New York recover from the pandemic-fueled fiscal crisis. The state…