Commentary - Federal Tax Reform is Shaking Up New York’s Finances But Flow of Bank Settlement Money is Bailing Out the State Budget

Posted to Applied Web NY on Fri, 04/12/2019 - 06:06

JIM BRENNAN, GOTHAM GAZETTE
"New York is not going broke, and the economy and tax revenue are still anticipated to grow, but the shock from the billions in lower revenue informed a cautious approach."