New York City will need to increase its electricity capacity
by 25 percent over the next four years, according to a new
report by New York City Mayor Michael Bloomberg’s energy
policy task force.
The city must have a dependable source of electricity to
maintain its position as the financial, corporate and communications
capital of the world, the report said
Governor
George Pataki's 2004-05 budget grows spending at about twice
the rate of inflation, according to an analysis by the Manhattan
Institute.
"And
in all probability, the Legislature will add even more to
this amount before the budget is finally adopted," the report
said
Business
Council members can receive a substantial discount on The
Council's annual report on employers' compensation practices
if they agree to participate in the survey used to gather
the information.
Compdata
Surveys of Kansas City, which conducts and compiles the survey
for The Business Council, will send questionnaires to employers
across New York State in late March
Medical payments account for the largest share of employee
benefit costs, according to a new study by the U.S. Chamber
of Commerce.
The study, which the chamber has conducted for more than
fifty years, also showed that employee benefit costs made
up 42
Governor
Pataki introduced a proposed 2004-05 budget that would phase
in a corporate tax reduction for manufacturers whose operations
are concentrated in New York, while raising the minimum tax
for some corporations and eliminating some Medicaid services
to reduce costs
If
it adopts extensive new technical requirements affecting how
wind power is moved onto the state's electricity transmission
grid, New York State could safely add about 3,300 megawatts
of new wind-powered electric generating capacity, a preliminary
report on the potential of wind generation in New York said
The
Governor's Medicaid task force has urged reforms it says would
cut spending on Medicaid in New York by $4.2 billion over
the next five years.
The
task force singled out long-term care as a key cost driver
and said the state should release counties from paying for
expensive long-term treatment
To build support for its comprehensive workers’ compensation
reform package, The Business Council is offering to brief
its members as well as local and regional associations of
businesses and manufacturers on the proposal.
This must be the year that comprehensive workers’ compensation
reform is passed, said Kerry Kirwan, The Business Council’s
legislative analyst specializing in workers’ compensation
Business that want to foster relations with overseas contemporaries
may do so through an internship program, sponsored by the
U.S. Department of Commerce, that allows U.S. companies to
host industry professionals from Eurasia.
The Special American Business Internship Training (SABIT)
awards competitive grants to private-sector U
Two
powerful health-care spending groups have proposed a new tax
on businesses of up to $3,000 per employee and $1 to $2 billion
in new taxpayer-funded public debt to send new taxpayer dollars
to hospitals and increase state spending on Medicaid and other
government health insurance programs