Tag Archives: budget
Economic Issues Committee Meeting Monday, Oct. 1st, 7:30pm 55 Lexington Avenue, Building B (25th St. between Lexington and 3rd) The Economics Issues Committee was grateful that Councilwoman Jessica Lappin addressed the Manhattan Young Democrats at our September general meeting. In front of a packed crowd at Arctica Bar & Grill, the Councilwoman spoke about her personal experience at the DNC, how members can get involved in the election and focused much of her speech giving a detailed update on the Cornell-Technion campus on Roosevelt Island.
Further deep cuts may slow the economy but structural reform of the entitlement programs are desperately needed to keep America solvent in the long term. Remember when everyone said that the Healthcare Bill was just the beginning, that additions and changes would be needed to implement the cost-savings and efficiency gains parts? Well, here we go. This isn’t a loss for a Democratic budget, this is a potential coup for ensuring the durability of healthcare reform. Oh, but while you’re up there, Mr. President, let’s put the Bush tax cuts back on the table. This doesn’t mean you get a pass for being a crappy bargainer. Read the full article here.
Why, in the midst of both a budget crisis and an economic downturn, would both the city and state pursue policies that would both needlessly and dramatically increase spending, while increasing homelessness in New York City by 15,000 people? It’s unclear, but there is a very real chance that this is exactly what could happen as soon as the end of April. But how? Well, it started when Cuomo left about $35 Million out of his proposed budget. A small amount when compared with overall budget deficit, but the entirety of the State’s normal contribution to the City’s Work Advantage voucher program, a program that provides a rent subsidy to homeless families to help them move out of city shelters … More >>
From last Thursday’s The Daily Show, the new Republican governors’ attacks on common sense throughout the nation are made clear. From creating a waiting period before one can have an abortion to the continued attacks on public workers – the basic rights we have achieved in America are under attack, and somehow, Jon Stewart keeps it funny. The relationship between Republican governors and their states goes from cool new boyfriend to psychotic stepdad. The Daily Show – Gov HurtsTags: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook
It looks like New York State might actually pass a budget on time. On Sunday Governor Cuomo and State Legislative leaders announced they had reached a deal on the budget. The agreement, five days before the March 31 budget deadline, offered the prospect of Albany’s first on-time budget in five years. If enacted by lawmakers, the deal would cut the state’s overall year-to-year spending for the first time in more than a decade. Left out of the budget was the “Millionaire’s tax” which many Democrats supported, as well as an extension of rent regulations which are set to expire in June. The budget also includes significant cuts to education and social services. Advocates for increased school aid were livid over the deal, suggesting that Mr. Cuomo’s cuts — … More >>