Balance of Payments: New York and the Federal Government

Laura Schultz, executive director of research at the SUNY Rockefeller Institute of Government, looks closely at how New York state dollars funnel towards the federal government, and how those funds come back to the state and city. For a long time, New York's balance of payments have tilted toward a gap, meaning the state sends more to the federal government than it gets back. We'll look at the ways that impacts services in New York and how it might recover from Covid-19 and the resulting budget shortfall. 

2356 232