News

30
Jul
2004
The U.S. Department of Health and Human Services (HHS) is asking for public comments on proposed regulations regarding Medicare benefits and the Medicare prescription drug card. The proposals, which are now open for public comment, are designed to help implement the 2003 Medicare Modernization Act that created a new voluntary prescription drug program in Medicare, a release from HHS said
24
Jul
2004
ALBANY, N.Y.— No matter how you measure it, New York State is still No. 1 in combined state and local taxes, a Public Policy Institute analysis of new U.S. Census Bureau data shows. As of fiscal 2002, New York's state and local taxes averaged $4,645 for every state resident
23
Jul
2004
Governor Pataki announced he has vetoed a bill passed by the Legislature that would increase the minimum wage in New York from $5.15 to $7.15 an hour. 'New York has to continue fighting for every job and we cannot unilaterally put this state at a competitive disadvantage," the Governor wrote in his veto message
21
Jul
2004
State legislators have agreed to increase the state's minimum wage in steps to $7.15 by January 2007. The state's minimum was would increase to $6 per hour next January, to $6.75 per hour in January 2006, and to $7
19
Jul
2004
Mandating mental health coverage would increase insurance premiums significantly for small businesses, placing them at an economic disadvantage and putting affordable health coverage further out of reach, The Business Council and other business leaders told Senate Majority Leader Joseph L
16
Jul
2004
New York's workers' compensation premiums will not increase next year. The state Insurance Department announced that decision late July 15. But assessments, a tax on premiums that all employers must pay, will increase 6 percent this year
15
Jul
2004
Two prominent New York City-based business groups have staked out different positions on proposals to significantly increase the state's minimum wage. The New York City Partnership, a city-based group of business leaders, has endorsed an increase in the state's minimum wage to $7
14
Jul
2004
Increasing the minimum wage to $7 per hour would only reduce employment opportunities for entry-level workers, especially low-skill workers the minimum wage increase is supposedly intended to help, according to a new study by Cornell University researchers
13
Jul
2004
ALBANY—New York lags behind competing states' job creation in almost every major industrial sector, a new online report by The Public Policy Institute shows. The Institute, the research affiliate of The Business Council of New York State, published the first installment of Just The Facts: Key Economic and Social Indicators for New York State
13
Jul
2004
The state should mandate changes in the New York City teachers' contract before increasing state aid to city schools, a new study from the Manhattan Institute concludes. In fact, the study said, increasing funding of city schools without structural and managerial reforms will prevent any improvement in education for youngsters not now receiving what New York's highest court has said they are constitutionally entitled to: a "sound basic education