NYC's Budget Woes - and What We Can Do About Them
Andrew Rein, president of the Citizens Budget Commission, has been following the city and state budgets for some time, and he knows that the Covid-19 pandemic has put them both in a precarious state. Rein argues that there are lessons we can learn from previous fiscal crises, and that there are creative measures we can take before the government looks at cutting services or raising taxes, both of which could have cyclical negative impacts on the city overall.