Public pensions—and the employees who receive them—are being attacked by the press and politicians who blame them for whopping state and local budget deficits. Before the short-term budget cycle leads to long-term consequences for middle-class retirement, Common Cause and SCEPA are joining to host an open discussion with the stakeholders in the debate.

Government & CommunitiesAbigail KramerJune 8, 2011academia, business, Center for New York City Affairs, Common Cause, labor, NYC, policies, politics, public pensions, public policy, SCEPA, social welfareComment

From Austerity to Surplus to...? Forecasting NYC's Fiscal Future

New York City went from a dire fiscal crisis in 2002 to an estimated surplus of almost $2 billion this year. After years of austerity, higher revenues may spark demands for tax cuts and new spending. As the mayor prepares his Fiscal 2007 budget proposal, we consider how political leaders, business, labor and the nonprofit sector will respond.