By Azi Paybarah 2/26/10 4:58pm

Ravitch Time

The worse things get for Governor David Paterson, the more fun it’ll be to hang out with his lieutenant governor, Richard Ravitch, who is raising money for Assemblyman Jonathan Bing of Manhattan on Thursday.

By Staff 3:21am

A State of Dysfunction

Late Tuesday morning, Lieutenant Governor Richard Ravitch stepped to the podium in the theater at Albany’s Empire State Plaza before an audience filled with legislators awaiting presentation of the governor’s expectedly grim proposed budget.

Introducing Governor Paterson, Mr. Ravitch took a minute to make a plea-as much as the terse, stoic, raspy-voiced Read More

By Jimmy Vielkind 12/29/09 4:54pm

Schneiderman Raises, With DiNapoli

ALBANY—State Senator Eric Schneiderman will kick off the start of the legislative session with a fund-raiser at the house of Meredith Kane, his law school classmate.

The event will take place on January 7, the day after David Paterson delivers his State of the State address. Democratic Senate Leader John Sampson is also Read More

By Eliot Brown 10/30/09 8:05pm

Latest State Budget Gap: $45 B. by 2013

New York State is facing a budget deficit of $44.2 billion over the next two-and-a-half years, according to the Paterson administration’s estimates released today, a gap that’s grown by an unfathomable $20 billion in just six months (some context: the budget for the entire the State of New Jersey is $29 billion).

The governor yesterday Read More

By Staff 10/28/09 8:34pm

A Candid Ravitch Warns of $25 B. Budget Gap, Hints at Tax Overhaul

Lieutenant Governor Richard Ravitch does not have a rosy view of the state’s finances.

Speaking Wednesday morning at N.Y.U., Mr. Ravitch, the state’s point man on the ongoing fiscal crisis, warned of tremendous new budget gaps in coming years, saying the state faces a deficit of about $25 billion over the next two-and-a-half years, about Read More