Finance

Finance

Pressure Mounts on Representatives Ahead of Fiscal Cliff

November 19, 2012 Marc Bussanich After the Thanksgiving recess Congressional representatives and President Obama will be meeting to try to reach an agreement to reduce the national deficit and prevent the country from driving over the fiscal cliff of expiring tax and activation of spending cuts. The President and Congressional leaders met after a photo-op…

Finance

Public Private Partnerships Essential

November 20, 2012 By Michael Likosky Public-private-partnerships are already taking center stage as the way we will stand on our own two feet.  Partnerships are the cornerstone of the bipartisan consensus emerging to address the fiscal cliff. They are a way of growing the pie of available capital by putting private capital to work rebuilding…

Finance

Schenectady’s Fiscal Condition Weak

November 15, 2012 Bob Smith, Laborpress Albany Bureau The City of Schenectady faces an unstable financial future, similar to other cities experiencing fiscal stress, Schenectady has struggled to balance its budget, has limited resources to finance future needs and minimal cash available to pay current liabilities. However, recent tax base growth and commercial expansion in…

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