Topic: Richard Ravitch

Syracuse Mayor Miner presented the 2012 State of the City Thursday night at 6:30pm at the Landmark Theatre.. . This was Mayor Miner's third State...

Analysis: Looming changes roil municipal bond market

NEW YORK (Reuters) - Change is coming to the U.S. municipal bond market, and issuers, bankers and others are worried that some of the moves could fundamentally alter the process for financing capital and operating needs.Regulators, armed with new powers under ...

(Not) accounting for state governments

0 View Larger Image . What do all 50 states have in common?. . All utilize "cash basis" budget accounting, an accounting method by which revenue ...

All fall down

Forget about London bridges falling down; it's the ones in New York that are on their way to crumbling, along with the roads, the subways and...

Itemize the bill

If Gov.-elect Andrew Cuomo holds true to his word, New York is on the verge of spending cuts that will ripple through state and local governments...

Medicaid will cost NY state $63.5 billion in 2014

NEW YORK (Reuters) - Medicaid will cost New York state $63.5 billion by 2014, a 27 percent increase over 2010, without a drastic overhaul of the state-federal health plan that includes barring the middle class from qualifying.That was the estimate issued ...

Editorial: They're making you pay

The fiscal monstrosity that state lawmakers finally finished birthing Tuesday night - four months and three days late - hardly deserves to be...

Wall Street bankers let NY delay budget woes: Lt. governor

NEW YORK (Reuters) - Wall Street's eagerness to earn fees by helping New York state borrow even more money is worsening the state's fiscal time-bomb, Lieutenant Governor Richard Ravitch said on Thursday.In contrast, the decision by three bankers to stop ...

NY lieutenant governor proposes deficit plan

NEW YORK (Reuters) - New York state may need a dose of the same medicine that saved New York City from a near bankruptcy in the 1970s as the state struggles with a five-year, $60 billion structural deficit, Lieutenant Governor Richard Ravitch said ...

NY governor in hot water, 2nd-in-command steps up

NEW YORK (Reuters) - With Governor David Paterson enveloped in scandal, New York's lieutenant governor is leading the notoriously difficult budget process and freeing up his boss to fight for his political life, experts say.Richard Ravitch, who would assume the top ...