This Week in Albany

Week ending May 26, 2017

CSEA Testifies at Child Care Hearing

This week, CSEA testified at a legislative hearing to examine the barriers to accessing quality child day care. CSEA’s testimony focused on expanding and protecting access to safe and affordable childcare for working families and investing in the childcare workforce.

Click here to read CSEA’s testimony.

Legislative Update

This week was an especially busy week in the State legislature, with multiple CSEA-supported bills moving in committee. CSEA issued support memos on the following legislation:

Pension Fund Grows

Comptroller DiNapoli announced that the New York State Common Retirement Fund posted an estimated 11.42% return on investments during fiscal year 2016-17. The total value of the fund grew from $178.6 billion at the end of 2016 to $192 billion at the end of 2017. New York continues to have one of the best funded pension systems in the country under the leadership of the Comptroller.

Special Elections

Democratic candidates won both legislative special elections this week. Brian Benjamin won the race in the 30th Senate District, replacing former Senator Bill Perkins, now a member of the New York City Council. In the State Assembly, Christine Pellegrino won the race for the 9th Assembly District, which was vacated when Assemblyman Joe Saladino was appointed Supervisor of the Town of Oyster Bay.

Trump Budget

President Trump released his 2018 budget proposal this week.

Over the next decade, the proposal would cut Medicaid spending by $800 billion, cut Social Security Disability Insurance by $72 billion, and slash the budgets of essentially every federal agency and department. Sixty-six programs would be eliminated entirely. To achieve the appearance of a balanced budget in ten years, the proposal depends on an extremely questionable assumption of $2 trillion in economic growth to be created by the President’s proposed tax cuts.

The President’s budget proposal would devastate many of the programs that CSEA members depend on in their professional and personal lives. Stay tuned for more information on the proposal as it becomes available.

At a Glance

State legislators will be in their home districts next week, and will return on June 5. There are 11 scheduled session days remaining in the 2017 legislative session.

Memorial Day

While Memorial Day weekend signals the unofficial start of the summer season for many, it is important that we remember the significance of Memorial Day. CSEA recognizes the memory of those who sacrificed their lives in service to our country so that we may enjoy our freedoms.

Enjoy a safe and happy holiday weekend.