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Citizens Union

Economy

Taxing Wall Street Would Ease Budget Cuts

Jun 21, 2010

Photo (cc) 2009 jpellgen This year's budget for New York City is among the most challenging we have seen in recent years, including nearly $2 billion in painful cuts to schools,

Last Updated (Thursday, May 30, 2013 11:44 AM)

 

Paterson Ups the Pressure for a Budget Deal

Jun 03, 2010

Photo Office of the Govenor As the state enters its third month without a budget, Gov. David Paterson met with leaders of the legislature yesterday. With no agreement emerging, the governor

Last Updated (Thursday, May 30, 2013 11:44 AM)

 

Deep Budget Cuts Spark Little Debate

May 26, 2010

Photo (cc) 2010 William Alatriste City Councilmember Annabel Palma chairs a hearing on cuts to the Human Resources Administration budget The city’s annual January to June budget process, mandated by the

Last Updated (Thursday, May 30, 2013 11:36 AM)

 

Severe Recession Hangs on in Much of the City

May 10, 2010

Digiart 2001/Jason Kuffer Job numbers are up, unemployment is down. Consumer confidence is up. Gross domestic product has increased for three quarters. It sounds like the recession is behind us and

Last Updated (Thursday, May 30, 2013 11:23 AM)

 

A Month After the Deadline, State Budget Nowhere in Sight

May 06, 2010

  "It's a real mess," said Lt. Gov. Richard Ravitch, speaking on Tuesday afternoon about the budget situation in Albany. "And that is something you already know," he added, half smiling,

Last Updated (Thursday, May 30, 2013 11:23 AM)

 

Now, Some Good News About the City's Budget

Apr 22, 2010

Is everything coming up rosy for the city's finances? Photo (cc) 2010 pixonomy Given the gloomy budget and economy forecasts of a year or even several months ago, New York City has

Last Updated (Thursday, May 30, 2013 11:23 AM)

 

Subsidies in the City: Part II

Apr 13, 2010

Photo (cc) 2010 Courtney Gross This is the continuation of "Subsidies in the City." For the first part of the story, go here. For the most part, the recipients

Last Updated (Wednesday, June 06, 2012 02:15 PM)

 

Subsidies in the City: Part I

Apr 13, 2010

Photo (cc) 2010 The sounds of classic rock wafted from a Manhattan Laminates warehouse where stacks of plywood towered from the floor to the ceiling. Upstairs three employees sat in a quiet

Last Updated (Wednesday, June 06, 2012 02:15 PM)

 

Council Contests 'Across the Board' Cuts

Apr 09, 2010

  The City Council says it's time to pick favorites. In its budget response released on Thursday, the City Council urged the administration to refrain from cutting agencies "across the board," and

Last Updated (Thursday, May 30, 2013 11:15 AM)