New York State comptroller, Thomas P. DiNapoli. New York and New Jersey are high-cost states that share a regional economy, high state and local government payrolls and benefit plans, a wealthy tax base, and a scandal-ridden Port Authority. What the two states don’t share is a massive pension crisis and the poor bond ratings that go…
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New York State comptroller, Thomas P. DiNapoli. New York and New Jersey are high-cost states that share a regional economy, high state and local government payrolls and benefit plans, a wealthy tax base, and a scandal-ridden Port Authority. What the two states don’t share is a massive pension crisis and the poor bond ratings that go… Read the rest of this entry »