Unions bet federal government ‘will bail out New York with massive amounts’ of cash

A third round of delayed pay increases for roughly 80,000 government workers has raised questions about how the state will close its estimated $14 billion budget gap absent further federal relief and without raising taxes.

Pay raises scheduled for April, July, and September will be delayed another 90 days, after which the state will reassess whether they can be implemented, Freeman Klopott of the Division of the Budget told the Times Union in a statement.

COVID-19-related lockdowns have added to steep losses in tax collections and state revenues.

“The governor’s action is the bare minimum,” Ken Girardin, a fellow and director of strategic initiatives at the Empire Center, told The Center Square by email. “The unions have generally bet that the federal government will bail out New York with massive amounts of unrestricted cash.”

The state has not renewed service contracts and instituted a hiring freeze. But it has not

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New York Government Officials Urge Senate to Pass the ‘Save Our Stages’ Act (Guest Column)

The House of Representatives on Thursday passed the revised $2.2 trillion “Heroes Act” coronavirus stimulus package, which includes provisions of the $10 billion bipartisan “Save Our Stages” Act designed to provide financial assistance to independent music and live-entertainment venues across the U.S. However, the Republican-controlled Senate appears unlikely to vote on the latest version unless an agreement is reached between Democrats and the White House.

Below, Justin Brannan, New York City Council Member, District 43, and Ariel Palitz, Senior Executive Director, NYC Office of Nightlife, a division at The Mayor’s Office of Media and Entertainment, urge the Senate to pass “Save Our Stages.” Head here to find out more you can do to support your local music venue and others across the country. 

Our greatest comfort as human beings is so often found in public, in the company of others—grabbing a drink with friends, catching some live music, or letting

Read More

New York Government Officials Urge Senate to ‘Save Our Stages’

The House of Representatives on Thursday passed the revised $2.2 trillion “Heroes Act” coronavirus stimulus package, which includes provisions of the $10 billion bipartisan “Save Our Stages” Act designed to provide financial assistance to independent music and live-entertainment venues across the U.S. However, the Republican-controlled Senate appears unlikely to vote on the latest version unless an agreement is reached between Democrats and the White House.

Below, Justin Brannan, New York City Council Member, District 43, and Ariel Palitz, Senior Executive Director, NYC Office of Nightlife, a division at The Mayor’s Office of Media and Entertainment, urge the Senate to pass “Save Our Stages.” Head here to find out more you can do to support your local music venue and others across the country. 

Our greatest comfort as human beings is so often found in public, in the company of others—grabbing a drink with friends, catching some live music, or letting

Read More

The Rules and Regulations Pertaining to New York Bankruptcy Law

There are several chapters like chapter 7, 9,11,12,13 of bankruptcy code under the federal law which governs the bankruptcy laws of New York. The various chapters under the bankruptcy law cover various issues and therefore guides as to how to deal with, and decide cases falling under each chapter effectively. Chapter 7 is applicable for debtors who have no assets to repay the debts. Chapter 9 deals with cases of government municipalities. For the owners or shareholders of a company there is chapter 11. Chapter 12 deals with fishermen and farmers. For salaried individuals or families, self employed and wage earners there is Chapter 13.

As fixed under chapter 7 of the New York bankruptcy law, the income of an individual under such cases should be less than the average income. Under this chapter, the cases that are handled are almost made fully exempt from the debt, but some things … Read More