Review Mortgage Lenders

Fair Way Funding

Congressman McGovern to GOP: Let's be 'fair and balanced' in media funding

Congressman Jim McGovern(MA-3) says on the floor that defunding NPR because the content isn't agreeable is a 'lousy' way to make ...

NYC Health & Hospitals to slash hiring by half in response to ...

NYC Health & Hospitals is taking drastic measures to account for the delay of a $380 million payment that it expected to receive from the state in return for treating large numbers of Medicaid and uninsured patients.

To cope with that funding gap, the 11-hospital health system will fill just 25% of the 250 to 300 jobs that typically become available each month, interim Chief Executive Stanley Brezenoff wrote in a letter to employees on Thursday. The city had already been rehiring for only half of open positions under its cost-savings plan to avoid a $1.8 billion budget deficit by fiscal 2020.

"I recognize that an even larger number of lost positions across our system will have consequences for patients, for a number of services and for continuity of care, and I deeply regret this," Brezenoff wrote. "But this budget cut leaves us with no choice.

Survey Says NYC Voters Want Millionaire's Tax To Fund Subway Improvements, Not Congestion Pricing

A new poll has found that a majority of New York City voters oppose the idea of congestion pricing to fund the subways, while a huge majority favors the mayor's idea for a millionaire's tax to act as a dedicated funding source for the MTA.

The Quinnipiac poll published today found that by a 72 percent to 24 percent margin, New York City voters said they favored "a plan to raise taxes on people who earn more than one million dollars a year to help fund mass transit." As far as congestion pricing, 52 percent of city voters opposed and 40 percent supported "a plan called 'congestion pricing' that would charge motorists an additional toll to drive into downtown and midtown Manhattan, while reducing tolls on bridges that don't connect to Manhattan," with the money going to mass transit upgrades.

When considering the proposals side-by-side, voters say they prefer the millionaire's tax over congestion pricing by 64 percent to 21 percent, while 15 percent remain undecided. Manhattan was the only borough where a majority of residents favored congestion pricing, by a 58 percent to 37 percent margin. But even in Manhattan, more voters supported the millionaire's tax over congestion pricing when the two options were pitted against each other, by a 57 percent to 33 percent margin.

In what way do you think the Fed is being fair / unfair re:AIG 'emergency funding'?


Fair, not unfair
Had they not stepped in to prop up AIG there would have been devastating negative consequences in the international capital markets. AIG insured many mortgages which are in default.