James L. Seward's posts related to Finance

Course Correction Needed For State Finances

            The New York State Division of the Budget recently released its first quarter update to the state financial plan.  The update includes revised information on state revenues, spending and other financial indicators.  Unfortunately, the report did not include a rainbow and a pot of gold.

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Return To Albany

  In short order I will join my colleagues in state government and return to Albany for a special legislative session.  The agenda, most likely, will be limited to a few housekeeping matters and one extremely difficult bookkeeping task – how to close a $2.1 billion dollar budget gap.

 There are no simple answers to this complex financial problem and a brief special session is merely providing a band-aid to a gushing wound.  Sound, fundamental policy shifts are needed if we are going to stem the bleeding and make a long term recovery.

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Seward & Lopez Fight DMV Fee Hikes

SCHOHARIE, 09/18/09 -- State Senator James L. Seward (R/C/I - Oneonta) and Assemblyman Pete Lopez (R/C/I - Schoharie) were joined by Schoharie County Clerk M. Indica Jaycox, Greene County Clerk Mike Flynn, Columbia County Clerk Holly C. Tanner and Rensselaer County Clerk Frank Merola, along with elected officials, including eight area town supervisors, at a press conference held this morning outside of the Schoharie County Department of Motor Vehicles (DMV) office. 

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Cut ACORN From The State Funding Tree

New York State is facing a multi-billion dollar deficit.  Families are making hard choices as they cut back during tough economic times.  Certainly the last thing we should be doing is funding questionable organizations.  That’s why I am joining the growing call to freeze all state funds slated to go to the Association of Community Organizations for Reform Now (ACORN), its sister organization, the New York Agency for Community Affairs (NYACA) and any other organizations that use state funds to contract with ACORN.

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Full-Fledged Strategy Needed To Lift New York

ALBANY, 11/09/09 – Senator James L. Seward (R/C/I-Oneonta) today commented on Governor David Paterson’s budget message:

“While I appreciate the governor’s effort and stand ready to work with him, his budget plan lacks the comprehensive and complete strategy needed to solve New York’s fiscal challenges.

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Economic Course Change Needed

Dead last.  Number 50 out of 50.  That’s where New York placed in the recently released ranking of state business climates by the non-partisan Tax Foundation.  The embarrassing showing is yet another example why the economy must be job one in Albany.

The Tax Foundation’s 2011 State Business Tax Climate Index (SBTCI) is a clear illustration of just how low New York has sunk when it comes to attracting new businesses and assisting those that already exist.  Cleary, those running the ship in Albany have steered far off course and run aground. 

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Seward Appointed To Senate Finance Committee

ALBANY, 01/10/11 – State Senator James L. Seward (R/C/I – Oneonta) comments on his appointment to the senate finance committee.

As a member of the finance committee, Senator Seward will play a significant role in reviewing the governor’s proposed budget and developing a final spending plan. The finance committee will examine appropriations and disbursements for each agency included in the budget. In addition, the finance committee is responsible for reviewing nominations sent by the governor for appointments, and moving the nominations to the full senate. 

Senator Seward Receives Key Committee Assignments

ALBANY, 01/11/11 – State Senator James L. Seward (R/C/I–Oneonta) is set to fight for vital insurance, health, education and budget needs in the new senate session after receiving committee assignments.

SENATOR SEWARD 2011 – 2012 COMMITTEE ASSIGNMENTS Insurance – chair, Agriculture,  Education, Finance,  Health, Higher Education, Mental Health, Rules

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2011 Job Creation & Taxpayer Protection Act

ALBANY, 01/19/11 – State Senator James L. Seward (R/C/I–Oneonta) today announced senate approval of the Job Creation and Taxpayer Protection Act of 2011, a three-part plan to encourage the creation of new private sector jobs and ensure fiscal responsibility through the enactment of a two percent state spending cap and requiring a two-thirds “super majority” vote to raise taxes. 

“These job-creating, cost cutting measures are exactly what New Yorkers are demanding,” said Senator Seward.  “Approving these bills to open the 2011 session sends a clear message that the senate shares the priorities of the people and is taking firm action to turn these goals into reality.”

Seward Appeals To Governor For Additional Disaster Relief

ONEONTA, 08/29/11 – State Senator James L. Seward (R/C/I-Oneonta) today called on Governor Cuomo to support legislation for New York State to cover local expenses to repair public infrastructure damaged by Hurricane Irene.

“At a time when local government officials are already working on the thinnest of margins, adding the repair costs associated with Hurricane Irene could be devastating for many small, rural municipalities,” said Senator Seward.  “The state’s emergency response to Hurricane Irene has been professional and swift, now long-term financial assistance is needed to help communities rebuild.”

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