The Capitol Pressroom for January 28, 2011
Reporters Ken Lovett of the New York Daily News, Rick Karlin of the Albany Times Union and Joseph Spector of the Gannett News Service join us with a look back at the week in politics and preview the Governor’s budget address.
Plus, a conversation with the Fiscal Policy Institute’s Frank Mauro on New York State ’s business-related tax expenditures, which he argues is “back door spending”.
And Karen Scharff joins us with Citizen Action of New York ’s perspective on next week’s budget address.
Posted in : Capitol Pressroom
Frank and Karen were wonderfully informative, focused and passionate progressives. Listening to their discussion of Wall St, especially Frank’s pointing to a need for a Federal/State tax on excess profits, etc highlighted for me President Obama and as far as I know our Senator’s glaring failure to address this need. Obama and his team have engineered the reversal of the meltdown; their failure to fully investigate its development and fairly tax the only ones to really benefit from the disaster is bound to cause bitter reflection and memories. I’m disappointed that Frank and Karen felt constrained not to mention this. This is the worst of all circumstances of the so called address of grievances model that Frank described.