|Cut the Waste||Not the Workers|
|Budget solutions from the New York State Public Employees Federation|
|Cut Consultant Use||Savings: $280 million annually|
|Reduce Overtime||Savings: $34 million annually by reducing overtime 60 percent by hiring entry-level state employees|
|Stop the Tax Cuts for New York’s Wealthy||If New York State lets the income tax surcharge expire at the end of the calendar year a family making $50,000 a year will have the same marginal tax rate as an individual who makes $50 million a year. Added Revenue: $1 billion ($4 billion annually)|
|Allow Wine Sales In Grocery Stores||Added Revenue: $93 million|
|Cut Corporate Welfare||State spending on corporate
welfare (Brownfields Tax Credits, Empire Zones Tax credits, Investment
Tax Credits, Retail Enterprise Tax Credits, and many others) increased
by 33% from SFY 2000 to SFY 2010, from $4.044 billion to $5.363 billion.
Savings: $1.32 billion annually by cutting corporate welfare to SFY 2000 spending levels.
|Cut Public Authorities||Combining Authorities with
state agencies that provide the same services could create
organizational savings and economies of scale.
Savings: $2.2 billion annually based on a 5% reduction through consolidation of operations and revenue streams of public authorities into state agencies.*
* Expenditures by self-reporting authorities for the most recently reported fiscal year totaled $44 billion.
|Institute a Workplace Injury Reduction Program||Savings: $45 million annually based on a 20 percent reduction resulting from comprehensive prevention efforts to address causes of the injuries.|
|Total Savings/Revenue = $4.972 billion dollars|
'fix' losing credit
-Albany Times Union, February 7, 2011