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Lt. Governor Richard Ravitch's 5 year planMarch 12th, 2010 On March 10th, 2010 Lieutenant Governor Richard Ravitch released a five year plan with recommendations for revisions to the state budget system in order to address the New York State $9 billion budget deficit. We at BALCONY strongly urge our members and visitors to read the plan. BALCONY has yet to take an official position on the Lieutenant Governor’s recommendations. (To view the plan please click the link here: 5YearPlan)Ground Zero Workers Reach Deal Over Health ClaimsMarch 12th, 2010 ![]() By MIREYA NAVARRO A settlement of up to $657.5 million has been reached in the cases of thousands of rescue and cleanup workers at ground zero who sued the city over damage to their health, according to city officials and lawyers for the plaintiffs. Nurses Association to rally March 8 against state budget cutsMarch 7th, 2010 ![]() The New York State Nurses Association will rally at the Capitol on Monday, March 8 to protest $1 billion in proposed cuts to health care in the Executive State Budget. The rally kicks off a multi-media campaign that includes print, billboard and television advertising in major markets statewide. PEF launches statewide ad campaignMarch 5th, 2010 ![]() Albany - The New York State Public Employees Federation (PEF) has launched a statewide television, print and Web advertising campaign in an effort to educate the public and legislative leaders on the impact of proposed budget cuts. Governor Paterson Announces Progress Made in Effort to Assist Saint Vincent Catholic Medical CenterMarch 2nd, 2010 By New York State Office of the Governor
ALBANY, NY (03/01/2010)-- Governor David A. Paterson today announced that additional emergency funding has been secured for Saint Vincent Catholic Medical Center (SVCMC), providing the Stakeholder Task Force with more time to develop a viable, long-term strategy for the hospital's future. The funds were provided by GE Capital and TD Bank, which committed $5 million, and the State Assembly Majority, which committed $1 million. Hospital Workers Rally State To Keep St. Vincent's OpenMarch 2nd, 2010 ![]() Elected officials, nurses and hospital workers rallied in front of cash-strapped St. Vincent’s Hospital Monday. They are urging state officials to keep the Greenwich Village hospital open. Rep. Chris Lee: Fed growing too big, too fastFebruary 23rd, 2010
Feb 19th Rochester Forum Will Help Small Business Owners Survive the TimesFebruary 9th, 2010 Feb 19th
Rochester Forum Will Help Small Business Owners Survive the Times
Rochester, NY - BALCONY (Business and Labor Coalition of New York) www.balconynewyork.com will host its second Access for Small Business Forum with the goal of helping small business owners in the Rochester area. The forum will feature timely and informative workshop discussions with experts, advocates and government officials on how small businesses can survive during the current, uncertain economic times. There will be a focus on access to health care, technology solutions, and business development and capital. News from BALCONY Archives NYSUT Ad CampaignMarch 5th, 2010
Ad campaign combats proposed budget cuts http://www.nysut.org/cps/rde/xchg/nysut/hs.xsl/budget_14503.htm NYSUT K-12 Education Ad Campaign: State Budget 2010 http://www.youtube.com/watch?v=Jkd8GJ66T1w NYSUT Higher Education Ad Campaign: State Budget 2010 http://www.youtube.com/watch?v=axR3jZ3cIXI Top Labor Executive Leaves for Green Jobs InitiativeMarch 1st, 2010 ![]() Chris Chafe, the executive director of the Change to Win labor federation, is leaving to his post at the end of the month to launch a new clean economy business and marketing initiative. The departure of Chafe, a leading light of the labor movement, comes at a time when labor, frustrated by the pace of change in Washington, is looking for non-traditional allies and new opportunities to grow their ranks in the global economy. Fiscal Policy Institute Update – February 2010February 25th, 2010 ![]() NEW YORK STATE BUDGET In early February, in both Albany and New York City, the Fiscal Policy Institute (FPI) presented a detailed briefing on New York State's Economic and Fiscal Outlook for 2010-11. In cooperation with New Yorkers for Fiscal Fairness, FPI will be presenting budget briefings in Rochester on March 1, Elmira on March 2, and Poughkeepsie on March 3. For details on these and other upcoming presentations, check the FPI events page. PEF President sets record straight at hearing on work force issuesFebruary 12th, 2010
Albany - The president of the New York State Public Employees Federation (PEF) testified today before the state Assembly Ways and Means and Senate Finance Committees on work force issues setting the record straight on the size of the state work force and how it affects state spending. PEF President Kenneth Brynien also laid out a detailed plan for how the state can save hundreds of millions of dollars without eliminating jobs and services. Paterson Gives St. Vincent’s Hospital Another LoanFebruary 8th, 2010 ![]() By Anemona Hartocollis Gov. David A. Paterson provided the second cash infusion in a week Sunday to St. Vincent’s Hospital Manhattan in Greenwich Village, but said concessions from unions and physicians would be needed to keep the hospital open. News from our Members Archives Hurdles Still Remain for Ground Zero SettlementMarch 15th, 2010 ![]() by Mireya Navarro Sgt. Dawn Sorrento says she looks on the years since the Sept. 11 terrorist attacks as a blur of doctor’s visits, ambushes by illnesses she had never heard of and growing resentment toward the city that challenged her injury claims. Leaders agree to bipartisan budget panelsMarch 15th, 2010 ![]() Democrats bow to GOP pressure to not exclude them from process, as happened in 2009 By JIMMY VIELKIND, Capitol bureau ALBANY -- After weeks of complaints by Republican lawmakers, the Democrats controlling both houses of the Legislature are scheduling bipartisan committees to hammer out a budget. Broad Plan Urged to Battle New York’s Fiscal CrisisMarch 10th, 2010 ![]() by Danny Hakim ALBANY — New York could borrow billions of dollars to address its urgent budget shortfall and a financial review board would be established to impose new discipline on future spending under a five-year financial rescue plan that Lt. Gov. Richard Ravitch will present Wednesday. Unions, contractors nail down cost cutsFebruary 23rd, 2010 ![]() The two sides are back at the table, trying to figure out ways to lower costs by Theresa Agovino Last year's groundbreaking agreement between contractors and unions to bring down construction costs in the city reduced overall expenses by between 10% and 20%, slightly below the 15% to 21% originally projected. DiNAPOLI: WALL STREET BONUSES ROSE SHARPLY IN 2009February 23rd, 2010 Wall Street bonuses paid to New York City securities industry employees rose by 17 percent to $20.3 billion in 2009, according to an estimate released today by State Comptroller Thomas P. DiNapoli. Total compensation at the largest securities firms grew even faster and industry profits could exceed an unprecedented $55 billion in 2009, nearly three times greater than the previous all-time record. In 2008, the industry lost a record $42.6 billion.
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