Albany’s Budget Rush

The Story

New York’s state budget is almost due, and legislators have an extra incentive this year to get it done on time: a $10,000 raise if the budget gets approved by the April 1 deadline. Several major proposals are up for consideration this year, some bearing heavily on New York City. But with the Democrats’ takeover of the state Senate, Governor Cuomo has lost some political leverage, so it remains to be seen how the final days of negotiation will play out.

The Facts You Need to Know

  1. Levers: The political calculus has changed in Albany, so Governor Cuomo has less control over the budget process than he is accustomed to. Read more.

  2. Cars: Congestion pricing is on the agenda, but the devil is in the details. Read more.

  3. Pot: Marijuana legalization appears to be on the back burner, for nowand that’s good news. Read more.

“Albany’s gamy ethics are a given, regularly deplored but never addressed.”

Bob McManus, contributing editor City Journal

Twitter Take

The Past is Present

Hiya, Big Spender! By E. J. McMahon (December 4, 2014)

“For good or ill, Nelson Rockefeller’s legacy lives on.”

And in other news...

“The city’s ferry system is taking taxpayers for a ride, with each individual trip costing $10.73 more than passengers pay, according to a government watchdog.”