With two weeks to go until the scheduled end of the 2014 legislative session, how’s it looking? Despite the fact that the governor and state lawmakers will face the voters this November, increasingly the session looks like it will end with a whimper, not a bang.
There are even rumors that lawmakers will throw in the towel and just wrap things up this week instead of next week as scheduled.
Even though there has been a lot of public debate on important issues, it appears that lawmakers will hit the campaign trail without resolving them.
The US Census published a report on voting in America last week that was the usual – the nation’s voters don’t go to the polls as often as they should and in some parts of the country, like New York, and for some age groups – mainly young voters – the turnout has been dreadful.
New York is offering lifetime licenses to hunt, fish and visit state parks. Gov. Andrew Cuomo says Wednesday that he hopes a portion of the 2 million people who buy annual hunting licenses, fishing licenses and park permits in New York will make the switch. Lifetime hunting licenses cost $535, lifetime fishing licenses $460 and lifetime Empire Passport park permits cost $750.
As an incentive, lifetime license holders will be able to receive for free scenic-themed license plates playing off the "I Love NY" theme that promote fishing, hunting or parks.
The governor’s budget is based on a huge promise – that he will keep the budget growth to less than 2%. The governor presents this number as a simple feat, keep to the rate of inflation and he can use some of the revenues for a tax cut.
ALBANY, N.Y. (AP) — New York Governor Andrew Cuomo delivered a broad election-year agenda in a State of the State speech promoting a property tax freeze, tougher anti-corruption laws and modernizing New York City's airports.
Last week, a gubernatorial commission released its $2 billion tax cut plan for New York State. The commission’s plan provides for a 2-year property tax freeze, a cut in the tax rate on corporations to 6.5 percent and a reduction in tax on manufacturers to 2.5 percent.
New York State is set to receive $1 Billion after JPMorgan Chase & Co. agreed to pay $13 billion dollars in a landmark settlement for activities that prosecutors say were "symptomatic of the recklessness on Wall Street."
JPMorgan was among the major banks that sold mortgage-backed securities that plunged in value when the housing market collapsed in 2006 and 2007. Those losses triggered a financial crisis that pushed the economy into the worst recession since the 1930's.