Mo Money Mo Problems
It seems that Staten Island has just crowned its very own Welfare King.
Maksim Shelikhov, 29, is set to be sentenced next week for his admitted role as a Medicare charlatan, embezzling up to $50 million in taxpayer dollars in his Brooklyn-based “medical clinic,” according to the Post.
In the scam’s five lucrative years, Read More
The Port Authority’s reputation as a gigantic, out-of-control and unaccountable bureaucracy is well-deserved. But every now and again, its leaders realize that something simply has to be done to placate the agency’s chorus of critics.
No doubt that’s what led PA officials to announce recently that it would cut salaries, benefits and other perks in an effort to save $41 million between now and the end of next year. What’s striking, however, is not that these perks are being cut. Their very existence—until now—speaks to the agency’s traditional cluelessness.
The agency announced that about 30 top executives will absorb pay cuts of 8 percent or so and will now have to pay up to 35 percent of their health-care insurance costs. That’s fine, but here’s the question: Why haven’t those executives been paying 35 percent of their insurance all along?