Jewett
Jewett, NY · Municipal
New York Post
Expect Albany’s leaders to throw away its $8B Wall Street revenue windfall
Albany just got a windfall of $8 billion — get ready to watch the state’s leaders throw it away. Wall Street bonuses are soaring for a third straight year, not only producing an $8 billion surplus this year, but also slashing the coming year’s deficit by $6.4 billion to $2.9 billion, a gap the current overage can obviously cover. As state Budget Director Blake Washington noted Tuesday, “It’s hard to talk about new taxes when revenues are performing the way they are,” indicating that Gov. Kathy Hochul won’t be proposing tax hikes, but only “presenting a new favorable financial plan.” This explains Hochul ‘s comment to reporters at the Somos junket in Puerto Rico, namely that she’s open to new taxes “if there’s a need.” Where California Propositions stand as votes are tallied: Prop 40 wealth tax, home loan funds and more Of course, that doesn’t rule out a political need. She’s facing intense pressure from Mayor Zohran Mamdani to hike taxes, because for the socialists, the huge amount of taxes the rich already pay is never enough: They must be punished until they flee New York, taking this massive windfall with them. California voters overwhelmingly reject union-backed Prop. 44
hoodline.com
WRGB
Route 9J bridge in Stuyvesant reopens after months of repairs from historic rainfall
STUYVESANT, N.Y. (WRGB) — Repairs to the Route 9J bridge in Stuyvesant are complete, months after historic rainfall damaged the important commuter route. The Department of Transportation said the bridge experienced some of the worst damage in the Capital Region when historic rainfall hit in late July. “The situation...
suncommunitynews.com
Cashman attends Small Business Hearing in Albany
ALBANY | Assemblyman Michael S. Cashman (D-Plattsburgh) attended a legislative hearing in Albany Tuesday morning on the impact and effectiveness of economic development programs that were funded in this year’s state budget. “Throughout the duration of my recent municipal tour, I have been able to sit down and speak...
ajot.com
Albany Port District Commission welcomes new board members
The Albany Port District Commission (APDC), the Port of Albany-Rensselaer’s governing body, welcomed two new Commissioners (Corcione and DeFrancesco) appointed by NY Governor Hochul, and celebrated the retirement of a third (Tagliento). Born, raised, and a resident of Albany, Commissioner Andy Corcione serves as the Vice President of Capitalize...
NEWS10 ABC
CBS News
Washington County business destroyed by massive fire
roamingnelsons.com
WRGB
Assemblyman and former Cohoes Mayor John McDonald reflects on passing of Ron Canestrari
WRGB Studios-Schenectady, NY — Former New York State Assembly Majority Leader Ron Canestrari passed away this week at the age of 83. The former Cohoes Mayor represented that area at the State level from 1989-2012, gaining respect from both sides of the aisle, while advocating for the Capital Region along the way.