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Senate Proposes $4 Billion December Revenue Package, but Assembly Won’t Go That High, Sources Say

The Senate has proposed raising $4 billion in revenue before the end of the year, but the Assembly is unwilling go much higher than $2 billion, sources say.

Akash Mehta   ·   December 17, 2020
“We’re in a Tsunami”: Legislators Urge State Spending on Food Assistance

As food pantries struggle to meet surging demand with declining funds, legislators and providers say the state must offer more assistance.

Ari Dubow   ·   December 4, 2020
A Million Unemployed New Yorkers are About to Fall Off a Fiscal Cliff

Federal unemployment benefits expire at the end of the month. With no relief in sight from Washington or Albany, many New Yorkers are desperate.

Daniel Moritz-Rabson   ·   December 3, 2020
Republicans Routed from Legislature, but Keep One Last Stronghold: Governor Cuomo’s Office

“Are you going to hire every single able-bodied Republican political operative?” Cuomo’s senior staff filled with top Republicans, to Democrats’ frustration

Akash Mehta   ·   November 25, 2020
New York Taxes Shoes and Soda. Why Not Stocks?

A stock transfer tax could bring in billions in new revenue. Wall Street threatens to pick up and leave—but tax experts say it’s probably bluffing.

Lee Harris   ·   October 13, 2020
Why has Scott Stringer Invested City Pensions in Private Equity Firms like Blackstone?

City pension fund investments in private equity real estate haven’t just subsidized rent hikes and evictions. They’ve also cost the city at least $370 million.

Matthew Cunningham-Cook   ·   October 12, 2020
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