Finance

The Budget is Settled but Our Work Continues
Finance

The Budget is Settled but Our Work Continues

April 16, 2013 By Mario Cilento, President New York State AFL-CIO Now that the state budget dust has settled, there remains a tremendous amount of work for the next several months.  There will be countless issues that the NYS AFL-CIO and its affiliates work on, but the following have galvanized the labor movement as a whole.

Tips on Evaluating and Choosing the Right Banking Provider
Finance

Tips on Evaluating and Choosing the Right Banking Provider

April 15, 2013 By Michael Fina Vice President / Institutional Banking, First Trade Union Bank When was the last time you took a serious look at the fees you are currently being charged for banking services?  If it has been a while, you might be in for a surprise. Selecting the right banking partner for…

Topic: “I’m Broke-why Budget?”
Finance

Topic: “I’m Broke-why Budget?”

April 5, 2013 By Anthony Rivieccio, MBA, PFA Suffering from a lack of cash? It's likely that you don't follow a budget that reflects your earnings. Smart budgeting prevents eviction, increased credit card debt, and ruined credit scores. It's never too late my friends —get started now with some steps to make your financial life…

Immigration Deal Poised to Have Huge Impact on Low-Wage Workers
Finance

Immigration Deal Poised to Have Huge Impact on Low-Wage Workers

April 4, 2013 By Marc Bussanich Queens, NY—This month the Senate will be taking up comprehensive immigration reform and the outcome depends upon the bi-partisan Gang of Eight senators. While a substantive agreement was reached last week between business and labor leaders on a guest worker program, details remain outstanding. (Watch Video)

Budget Agreement Good for New Yorkers
Finance

Budget Agreement Good for New Yorkers

March 27, 2013 Governor Andrew M. Cuomo This year’s budget agreement is good news for New York’s students. By funding key education reforms in the Governor’s agenda, the 2013-14 budget ensures that New York State continues to lead the nation by creating a world-class education system that prepares our students for the future.

Stand Up for Livable Wages
Finance

Stand Up for Livable Wages

March 22, 2013 By Camille Rivera, United NY Executive Director Camille Rivera today released the following statement regarding the reported State budget deal, which includes an incremental increase in the minimum wage to $9 per hour. Coupled with a rumored tax giveaway to large corporations that hire teenage workers, we may see hundreds of thousands…

“The Economic Consequences of A Failed Retirement Policy”
Finance

“The Economic Consequences of A Failed Retirement Policy”

March 15, 2013 By Thomas J. Mackell, Jr., Ed. D. President Association of Benefit Administrators (Delivered before the Annual Educational Conference of TEXPERS, Austin, TX, March 5, 2013) Before I take you through the landscape of our future retirement scenario, let's look for a moment at the rear view mirror at the past decade. This…

New York State Budget Proposal Passed
Finance

New York State Budget Proposal Passed

March 15, 2013
 Assemblyman Luis Sepulveda

 My colleagues and I in the New York State Assembly have passed a 2013-14 state budget proposal that would:     •    Increased education funding     •    Spur job growth     •    Provide economic relief for local governments     •    Protect vital programs that assist New York's most vulnerable residents



House Passes Austerity Bill to Continue FY 2013 Funding
Finance

House Passes Austerity Bill to Continue FY 2013 Funding

March 11, 2013 Diane Cohen Washington DC – This past week the House passed H.R. 988 to continue fiscal year 2013 funding beyond its scheduled expiration on March 27 through the September 30 the end of fiscal year. While it is essential to avoid a harmful, disruptive government shutdown, this bill fails to responsibly address…

DiNapoli Urges Caution As Budget Progresses
Finance

DiNapoli Urges Caution As Budget Progresses

March 11, 2013 By Stephanie West The amendments to the Executive Budget for state fiscal year (SFY) 2013-14 curtailed some risks contained in the originally proposed budget, but the impact from federal sequester cuts represent a risk to the Financial Plan according to a report released by Comptroller Thomas P. DiNapoli.

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