To
help New York recover from the current recession and from
the Sept. 11 terrorist atrocity in New York City, lawmakers
in Albany must redouble their commitment to lower taxes, regulatory
reforms, and other policies that have produced growth and
prosperity in the last half-dozen years
Two
key Business Council committees have named new chairmen for
2002.
Laurie
DeLong, manager of human resources for Ball Metal Beverage
Container in Saratoga Springs, is the new chairman of the
Labor and Human Resources (HR) Committee
The
Business Council is creating a "working group" of members
and representatives of state and regional government agencies
to consider a range of border issues that affect commerce
between New York State and Canada
The
Business Council is planning to testify on the state's draft
energy plan in the weeks ahead, and is asking its members
for their views on the draft in order to shape that testimony.
The state Energy Board released its draft plan in December, and
will conduct eight public hearings around the state at which
the business community can comment on the draft, said Johnny
Evers, the Council's legislative analyst specializing in energy
issues
A terror attack—and now a recession. New York State is down. But not out.
We can emerge from this stronger than ever before. For the truth is, New York is stronger than ever before. Before 9/11 our state's economy was entering the current recession in far better shape than in the last recession, in 1990
New
York State's population is at an all-time high, but its growth
from 2000 to 2001 lagged behind 41 other states, new data
from the U.S. Census Bureau show.
As
of July 2001, New York was home to an estimated 19,011,378
residents-the first time the state's population topped 19
million
ALBANY New York State taxpayers sent the federal government some $47 billion more in taxes than the state received in federal spending in fiscal year 2000, according to a new analysis by The Public Policy Institute.
The deficit in the state's "balance of payments" with Washington is the largest ever, and up from $37
Despite
uncertainties about projected revenue shortfalls and the effects
of the ongoing economic downturn, New York State must continue
to invest in high-tech research and development last year,
Senate Majority Leader Joseph Bruno said
The
Business Council next March will reprise seminars designed
to help businesses understand property-tax assessments and
how they can be challenged to reduce those taxes.
The
one-day seminars will take place March 5, 6, and 7 in Buffalo,
Waterloo & Saratoga Springs, respectively
ALBANYProjected shortfalls in state tax revenues produced by New
York's recession are already producing calls for higher taxes to boost
state revenues. But that strategy will backfire, and New York's experience
in its last major recession proves it, according to a new report from
The Public Policy Institute