Tax the Ultrarich? Cuomo Resists, Even With a $14 Billion Budget Gap
For years, progressive Democrats in Albany have been pushing a three-word solution to many of New York’s problems: Tax the rich. Yet year after year,...
Tag : Budgets and Budgeting
How to Fix New York’s $5 Billion Budget Crisis
New York is facing the nightmare scenario that its political leaders have feared since the 1970s, when the city nearly went bankrupt. It is staring...
Doesn’t Feel Like a Recession? You Should Be Paying More in Taxes
As the coronavirus pandemic — and Congress’s undersize response — wreaks havoc throughout the economy, tax receipts are cratering. This means that state and local...
Backed by Federal Funds, New Virus Tests Are Hitting the Market
WASHINGTON — The coronavirus pandemic remained a distant threat to many Americans on Jan. 24 when Douglas C. Bryant, the president and chief executive officer...
As Stanford Cuts Teams, Olympic Hopefuls All Over the U.S. Feel a Chill
Kyler Presho, a Stanford men’s volleyball player, can’t forget all the times university officials said they were in this together. Stanford athletics was a family,...
New York’s School Chaos Is Breaking Me
I’m writing this column at 4 a.m., because I can’t sleep, again. In New York City, where I live, in-person school is supposed to start...
Billions in Hospital Virus Aid Rested on Compliance With Private Vendor
WASHINGTON — The Trump administration tied billions of dollars in badly needed coronavirus medical funding this spring to hospitals’ cooperation with a private vendor collecting...
The Recession Is About to Slam Cities. Not Just the Blue-State Ones.
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Looming Fee Increase Could Thwart Many U.S. Citizenship Applications
WASHINGTON — When Guadalupe Rubio, 41, contracted the coronavirus in July, she struggled to make the few steps to the bathroom in the mobile home that...
State and Local Budget Pain Looms Over Economy’s Future
WASHINGTON — The U.S. economy struggled to shake off the last recession, with historically slow growth and a labor market that took more than six...