According to City Comptroller John Liu, all those warnings you’ve been hearing about the escalating costs of public employee pensions and health benefits are wrong. Mr. Liu recently put out a report that argues that the cost of pensions and benefits actually will go down beginning in 2016.
Did we mention that Mr. Liu is Read More
Mayor Bloomberg has put together a list of schools that will be affected if the city has to lay off more than 4,500 teachers because of state cuts to education. Most of the schools are in poorly served neighborhoods, because that’s where most of the city’s youngest teachers work. If City Hall has to abide Read More
– compiled by Azi Paybarah and Jimmy Vielkind