ALBANY—"The legislature must make the hard choices necessary to put New York State on the road to economic recovery. That means no new taxes, no new borrowing and reduced spending. Unfortunately, the budget plan put forward today by the Assembly fails to meet that test,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc
ALBANY— The Business Council of New York State, Inc. today released a report revealing that restoration of a price control mechanism known as “prior approval” to regulate health insurance rates will not produce the cost savings claimed in the Executive Budget proposal. At best, savings would be hundreds of millions less than what is projected by the Governor
ALBANY— “The latest numbers on job losses show that New York must cut spending and lower taxes to spark economic recovery in our state,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc.
According to the New York State Department of Labor's (DOL) revised year-end job loss report, the recession deepened significantly in New York in 2009
ALBANY— State and local government taxes make up more than a quarter of New York electric bills, according to a new report by the Public Policy Institute, the research affiliate of The Business Council of New York State, Inc. entitled "Short-circuiting New York's Recovery-How Energy Taxes Contribute to High Electric Rates in New York"
ALBANY— Two distinguished individuals have been elected to the Business Council of New York State's Board of Directors.
Citizens Bank, New York President James Gaspo and Ecology and Environment, Inc. President and CEO Kevin S. Neumaier, P.E. were elected to the board at its meeting in Albany on January 19, 2010
ALBANY— “We opposed this ‘jobs tax' last year, and we oppose increasing this tax on jobs and payrolls within New York City,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. “Increasing the MTA payroll tax will damage the city's economic recovery and drive jobs from the city and the state
ALBANY— “The legislature should reject proposals in the Executive Budget that will increase the cost of employer-provided health insurance and damage the competition in the health insurance market,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. in testimony to the joint legislative fiscal committees
ALBANY— “Gov. David Paterson's Executive Budget takes an important step in the right direction for New York by showing restraint in new spending and restraint in new taxes. While not perfect, it is being positively received by many major private sector employers within our membership,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc
ALBANY— “President Obama's proposed bank tax is an attack on New York's most important industry, financial services. The Business Council of New York State is urging our congressional delegation to oppose this tax,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc
ALBANY— The Public Policy Institute (PPI), the research affiliate of The Business Council of New York State, Inc. lays out a blueprint to build an innovation economy in New York in a new report entitled, “Transcending the Hamster Cage: Unfettering New York's Static Innovation Economy”.
“This report provides lawmakers with a road map of practical policy recommendations that will make New York a world leader in the innovation economy