News

09
Apr
2010
Health insurance costs more in New York City than in any other big city in the country for a healthy single person, and policies set in Albany are largely to blame, according to a new study by an online insurance broker. The broker, eHealthinsurance.com, reviewed the costs of average monthly health insurance premiums for 30-year-old non-smokers in the nation’s 50 largest cities
09
Apr
2010
“Gov. David Paterson's suspension of scheduled pay raises for state employees is the right decision considering the state's fiscal crisis,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. “At a time when hundreds of thousands of New Yorkers are out of work and those that are working in the private sector are not seeing raises, it is inappropriate to move forward with raises for state workers,” added Adams
07
Apr
2010
ALBANY— “New York must maintain a safe and viable infrastructure. The current suspension of payments for existing construction projects puts all of us at risk,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. “Safe roads and bridges are vital to our economy
24
Mar
2010
ALBANY—"The legislature must make the hard choices necessary to put New York State on the road to economic recovery. That means no new taxes, no new borrowing and reduced spending. Unfortunately, the budget plan put forward today by the Assembly fails to meet that test,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc
23
Mar
2010
ALBANY— The Business Council of New York State, Inc. today released a report revealing that restoration of a price control mechanism known as “prior approval” to regulate health insurance rates will not produce the cost savings claimed in the Executive Budget proposal. At best, savings would be hundreds of millions less than what is projected by the Governor
04
Mar
2010
ALBANY— “The latest numbers on job losses show that New York must cut spending and lower taxes to spark economic recovery in our state,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. According to the New York State Department of Labor's (DOL) revised year-end job loss report, the recession deepened significantly in New York in 2009
04
Mar
2010
ALBANY— State and local government taxes make up more than a quarter of New York electric bills, according to a new report by the Public Policy Institute, the research affiliate of The Business Council of New York State, Inc. entitled "Short-circuiting New York's Recovery-How Energy Taxes Contribute to High Electric Rates in New York"
18
Feb
2010
ALBANY— Two distinguished individuals have been elected to the Business Council of New York State's Board of Directors. Citizens Bank, New York President James Gaspo and Ecology and Environment, Inc. President and CEO Kevin S. Neumaier, P.E. were elected to the board at its meeting in Albany on January 19, 2010
09
Feb
2010
ALBANY— “We opposed this ‘jobs tax' last year, and we oppose increasing this tax on jobs and payrolls within New York City,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. “Increasing the MTA payroll tax will damage the city's economic recovery and drive jobs from the city and the state
09
Feb
2010
ALBANY— “The legislature should reject proposals in the Executive Budget that will increase the cost of employer-provided health insurance and damage the competition in the health insurance market,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. in testimony to the joint legislative fiscal committees