Fiscal Policy Institute 2001 Publications








 

 

 

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  Archive: 2001 Publications

For recent publications, please see FPI's home page.

For publications from other years, go to the publications archive.

 
   
 
       
  December 19, 2001.  Tax Breaks Won't Help, Public Investment Will. (New York) Daily News Op Ed by David Dyssegaard Kallick and James Parrott on the rebuilding of Lower Manhattan.

Economic Impact of the September 11 Terrorist Attacks and Strategies for Economic Rebirth and Resurgence. James Parrott, December 6, 2001.  (in PDF.)

Do Tax Increases in New York City Cause a Loss of Jobs?  A Review of the Evidence. A preliminary analysis by Moshe Adler, Oliver Cook and James Parrott for review and comment.  Presented by Moshe Adler at the New York State Network for Economic Research conference, Albany, December 5, 2001. (December 11, 2001, revision in PDF)

World Trade Center Impacts Take a Heavy Toll on Low Wage Workers. Zofia Nowakowski's presentation to a New York State Network for Economic Research conference, Albany, December 5, 2001. (in PowerPoint)

TANF REAUTHORIZATION

November 6, 2001: Center on Budget and Policy Priorities paper by Joseph Stiglitz, Professor of Economics at Columbia University and winner of the 2001 Nobel Prize in Economics, and Peter Orszag of the Brookings Institution: "Budget Cuts vs. Tax Increases at the State Level: Is One More Counter-Productive than the Other During a Recession?"

World Trade Center Job Impacts Take a Heavy Toll on Low-Wage Workers: Occupational and Wage Implications of Job Losses Related to the September 11 World Trade Center Attack.  November 5, 2001.

The Employment Impact of the September 11 World Trade Center Attacks: Updated Estimates based on the Benchmarked Employment Data.  March 8, 2002.

Economic Impact of the September 11 World Trade Center Attack.   Preliminary Report.  September 28, 2001.

Testimony of FPI Senior Economist Moshe Adler to the President's Commission to Strengthen Social Security. September 2001.

Testimony of FPI Executive Director Frank Mauro to the President's Commission to Strengthen Social Security. September 2001.

Despite good economic times of the last several years, 2.5 million New Yorkers continue to live in poverty. Trudi Renwick.  September 25, 2001.

Labor Day 2001: The Fiscal Policy Institute releases The State of Working New York 2001:  Working Harder, Growing Apart.

New York families need incomes well above "poverty level" to make ends meet. 37.5% of New York families with young children do not earn enough to afford basic necessities. FPI compares the results of new national study by Economic Policy Institute to the New York State Self Sufficiency Standard released last Fall (July 24, 2001).

  • Click here for an Excel spreadsheet showing EPI's calculations of the basic budgets necessary for families of different sizes to live in each of New York State's metropolitan areas.

Comments of the Fiscal Policy Institute on NYS's proposed regulations on exceptions to 5-year time limits under TANF.  Frank Mauro. July 6, 2001

A Giveaway to Landlords: FPI's critique of the proposal to reduce the NYC commercial rent tax. Moshe Adler and James Parrott. June 8, 2001.

Open Letter from over 80 New York economists in support of an increase in the state minimum wage from $5.15 an hour to$6.75 an hour (June 8, 2001).

FPI economist Trudi Renwick's May 15, 2001 analysis of TANF spending in New York, presented at a briefing for state officials on the proposed Empire State Jobs Program. The briefing was organized by the Fiscal Policy Institute and the other members of the Campaign for the Empire State Jobs Program - a transitional employment program that would provide work experience, training and other needed support services to public assistance recipients with serious barriers to employment and little or no paid work experience, particularly those who are close to reaching the five-year time limit on family assistance.  Other materials from the briefing include:

  • (Albany) Times Union: "Jobs urged as welfare deadline looms"

"A Preliminary Analysis of the Impact of President George w. Bush's Tax Cut Proposals on New York State," April 10, 2001.

New York's income tax system among the best for low-income working families in 2000.  Most of the relief for these families comes from the EITC enacted in 1994, while the income tax rate cuts enacted in 1995 cost billions but provide very little help.

New York State Leaves Millions of Dollars Unspent for Anti-Poverty Efforts for State's Poor Families. A new report from the National Coalition for Jobs and Income Support, "Poverty Amidst Plenty 2001," found that despite historically high child poverty rates, New York and forty-five other states and the District of Columbia are holding more than $8 billion in unspent Temporary Assistance to Needy Families (TANF) funds. 

Minimum wage hike would boost workers left behind by the economic expansion. The current proposal to increase the Federal minimum wage by $1.50 in 3 steps between now and 2003 would directly benefit more than 520,000 New York workers.  Click here to download an MS Word version of the press release issued on February 7, 2001.

The Fiscal Policy Institute's analysis of Governor Pataki's 2001-2002 Executive Budget.  For a PDF version of Balancing Revenues, Expenditures and Human Needs in the 21st Century:  Assessing New York's 2001-2002 Executive Budget in Economic, Social and Fiscal Context, click here.

For a PDF version of Michael Mazerov's presentation at FPI's Eleventh Annual Budget Briefing, The "Single Sales Factor" Formula for State Corporate Taxes: A Boon to New York Economic Development or a Costly Giveaway?, click here.

SCHOOL FINANCE REFORM.  On January 10, 2001, the Campaign for Fiscal Equity, a coalition of parent organizations, community school boards, concerned citizens and advocacy groups won a major victory at the State Supreme Court in their challenge to the way in which New York State funds elementary and secondary education.  In his 180-page decision, Justice Leland DeGrasse gave the New York State legislature until September 15, 2001, to draw up a new funding system that meets the following five requirements:  1. Ensuring that every school district has the resources necessary for providing the opportunity for a sound basic education. 2. Taking into account variations in local costs. 3. Providing sustained and stable funding in order to promote long-term planning by schools and school districts. 4. Providing as much transparency as possible so that the public may understand how the State distributes School aid. 5. Ensuring a system of accountability to measure whether the reforms implemented by the legislature actually provide the opportunity for a sound basic education and remedy the disparate impact of the current finance system.   For those who may be interested, back in January 1999, the Fiscal Policy Institute released a report that set forth and analyzed a plan for reforming New York State's system of financing its schools that covers the aid formula part of Justice's DeGrasse's requirements.  This plan was developed by FPI in an attempt to "operationalize" the Campaign for Fiscal Equity's "Statewide Fair Funding Principles for a Sound Basic Education."  To download a Word version of this report, please click here.

January 8, 2001.  New York Stock Exchange Subsidy Deal: Testimony at the Urban Development Corporation's public hearing on its proposal to take several buildings by eminent domain to assemble a site for the construction of a new trading facility for the New York Stock Exchange. Testimony by James Parrott and testimony by Alice Meaker of Good Jobs New York. Good Jobs New York is a joint project of the Fiscal Policy Institute and Good Jobs First.