DiNapoli: Heading Over Fiscal Cliff Would Mean $43B In Tax Hikes For NYers
New York State Comptroller Thomas DiNapoli says that if the federal government goes over the 'fiscal cliff,' it would mean a big hit in the wallet for Empire State residents.
Watch CBS News
New York State Comptroller Thomas DiNapoli says that if the federal government goes over the 'fiscal cliff,' it would mean a big hit in the wallet for Empire State residents.
New Jersey residents would be the hardest hit in the nation, with the average family of four paying an extra $6,933. That same family in Connecticut would ante up an extra $6,653 and in New York, $4,103.
Residents are still waiting for help three weeks after President Barack Obama visited parts of Staten Island following superstorm Sandy.
Even as the country barrels toward the fiscal cliff, there was much confusion about what exactly lies ahead – both for regular people and the country as a whole.
A visit last Saturday to Paesano II Pizza in Greenlawn ended with an injury to his eye. and his wife Alfie with blood on her shirt and shoes - and an injury to her head too graphic to show on TV.
WCBS 880's Wayne Cabot asked factcheck.org researcher Eugene Kiley if it's really possible, as Democrats prefer, to balance the books without cutting the big three entitlements - Medicare, Medicaid, and Social Security.
It is becoming more and more clear that it was liberal-leaning politicians who threw her under the bus and they are also the ones who are keeping her under the bus.
With one month to go before we reach the fiscal cliff, Republicans are going to have to figure out how to do something serious for a change instead of grandstanding and avoiding specifics.
President Barack Obama is taking his case for avoiding a potentially unsettling "fiscal cliff" to the public on Friday, employing campaign-style tactics in hopes of mobilizing support.
Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.
Obama is hoping to promote the discussion of the Bush tax cut extensions by getting people hooked on the topic and by getting them to use the #My2K hashtag on Twitter.
The three-mile pipeline would run from the Atlantic Ocean beneath Jacob Riis Park in the Rockaways and under Jamaica Bay to Brooklyn's Floyd Bennett Field.
Ken Cuccinelli aspires to be the next governor of Virginia after spending four years trying to deny women's health care rights, blocking Obamacare and forcing his ideology and personal beliefs on the Commonwealth of Virginia.
Now that the Obama White House and senior intelligence officials have reportedly admitted that they approved Susan Rice's inaccurate talking points about the Benghazi terrorist attack being the reaction to a protest about a film rather than a terrorist attack, the investigation must go on.
The leading contender to be the next secretary of state met with Republican critics on Capitol Hill on Tuesday to defend her comment about the deadly Sept. 11 raid on the American consulate in Libya. But it apparently was not successful.
It is not news when Republicans try to block access to the ballot box for poor, minority and elderly voters. What is unusual is that Republicans are admitting it.
No one can equate to God. And, it's about time someone stood up to Jamie Foxx and his ilk to teach them that – or at least try to teach them that.
While President Barack Obama won Manhattan handily earlier this month, a published report late last week said Republican Mitt Romney won at least 50 percent of the vote in a couple of precincts – notably the one that includes Trump Tower.
Mounting questions are being asked about Benghazi, which could lead to the Oval Office. If it is found that President Barack Obama lied about not knowing that the attack was a terrorist attack the nation could very likely repeat the events of Nixon's resignation.
I find interest in the circus surrounding people in the fifty states of the Union petitioning to secede from the United States since President Barack Obama was reelected two weeks ago, I'll be the first to admit that any state seceding from the Union is a terrible idea.
The Buck Starts Here wishes a happy Thanksgiving to our readers. For progressives there is much to be thankful for this year.
Liberals and their ilk obviously won the executive branch of the United States government for another four years with the reelection of President Barack Obama, but they still pick fights as much as they did before the election – if not more.
Earlier Tuesday, Secretary of State Hillary Clinton arrived in the region, renewing America's commitment to Israel with Prime Minister Benjamin Netanyahu at her side.
As the politicians on the "left" and other persons on the political "left" insist that the election is over and that is why the rest of Americans should move on and drop the Benghazi, Libya controversy, those "leftists" need to understand exactly why the truth about the Benghazi terrorist attack needs to come out.
Revelations surrounding David Petraeus' affair have prompted the tin foil hat crowd on the right to find all sorts of conspiracies about why the news that CIA Director David Petraeus was having an affair with his biographer was released after the election.
The surging New York Yankees used another big inning to beat the Chicago White Sox 10-5 on Wednesday night.
A New York Knicks documentary series is in the works from director and Knicks superfan Ben Stiller.
A Brooklyn mother and her boyfriend have been charged with murder in the 2025 death of her 3-year-old son.
The owner of a luxury clothing brand is accused of running a sweatshop in New York City, the Manhattan DA said Wednesday.
The New York Mets averted being swept with a 9-1 victory over the Cincinnati Reds on Wednesday.
A New York Knicks documentary series is in the works from director and Knicks superfan Ben Stiller.
A Brooklyn mother and her boyfriend have been charged with murder in the 2025 death of her 3-year-old son.
The owner of a luxury clothing brand is accused of running a sweatshop in New York City, the Manhattan DA said Wednesday.
LaGuardia Airport shut down one of its two runways Wednesday to conduct precautionary structural testing, the Port Authority said.
An 18-year-old died after he was thrown from a horse carriage that overturned in Central Park on Wednesday.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
Thursday and Friday will be First Alert Weather Days in the New York City area, with high temperatures and the chance for strong storms.
The Stamford Fire Department said high winds ripped the 3,000-square-foot flag off the pole atop the WWE building and sent it flying into electrical wires.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
It's unseasonably warm in New York City on Wednesday as humidity adds to the summer-like weather. There's also a slight chance for showers in parts of the Tri-State Area.
A man was charged with assaulting an officer after he allegedly rammed his van into a U.S. Immigration and Customs Enforcement agent in New Jersey, according to prosecutors.
Six women and girls had acid thrown on them in Jersey City Monday night, officials said. It happened around 7:30 p.m. on in front of a house on Wilkinson Avenue near Ocean Avenue.
The Tuesday evening rush coincided with the end of the match between Senegal and France at MetLife Stadium.
New Jersey officials are once again urging World Cup ticket holders to lean on public transportation to get to Tuesday's match between France and Senegal.
The FBI is investigating after a U.S. Immigration and Customs Enforcement agent was struck by a vehicle and then opened fire in New Jersey on Monday morning.
Rex Heuermann was sentenced to life in prison without the possibility of parole for the series of murders known as the Gilgo Beach serial killings.
Wednesday is sentencing day for Rex Heuermann, long the suspect in Gilgo Beach serial killer case that has loomed over Long Island for more than three decades.
Tuesday was an unusual Election Day in one Long Island village. The job of mayor in Bayville is up for grabs, but no one is officially running.
The best golfers in the world and their passionate fans are descending on Shinnecock Hills Golf Club on Long Island's East End for the 126th U.S. Open.
There is good news for hard-pressed New York state residents -- 3 million will be receiving tax relief checks in the next few months.
The New York Knicks are planning to visit the White House, owner James Dolan said Wednesday, marking a first for an NBA Finals winner during President Trump's time in office.
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
Tuesday was an unusual Election Day in one Long Island village. The job of mayor in Bayville is up for grabs, but no one is officially running.
There is good news for hard-pressed New York state residents -- 3 million will be receiving tax relief checks in the next few months.
Gov. Kathy Hochul says millions of New York homeowners are set to receive $2 billion in property tax relief.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
There's no vaccine for the Bourbon virus, nor medicine to treat it, according to the U.S. Centers for Disease Control and Prevention.
A New York Knicks documentary series is in the works from director and Knicks superfan Ben Stiller.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
Taylor Swift attended Game 4 of the NBA Finals between the Knicks and Spurs at Madison Square Garden on Wednesday.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
The Broadway revival of the musical (nominated for 11 Tony Awards) depicts drama, joy and heartbreak in the pursuit of the American Dream at the turn of the 20th century, with parallels to the contemporary world, from issues of race to the immigrant experience.
The surging New York Yankees used another big inning to beat the Chicago White Sox 10-5 on Wednesday night.
The New York Mets averted being swept with a 9-1 victory over the Cincinnati Reds on Wednesday.
The New York Knicks are planning to visit the White House, owner James Dolan said Wednesday, marking a first for an NBA Finals winner during President Trump's time in office.
Admission to the Knicks parade along the Canyon of Heroes on Thursday will be on a first-come, first-serve basis and once the pens are full, the NYPD will turn people away.
An image of Jalen Brunson and his father, Rick, in an emotional hug after the Knicks' championship win on Saturday spread rapidly. But what came before that moment says a lot more about their relationship.
A vending machine in Coney Island is offering something unusual alongside the neighborhood's classic attractions: original artwork from local artists.
A years-long battle is intensifying over the future of an old rail line in Queens that was abandoned after a fire over 50 years ago.
Harlem's historic Cotton Club recently announced it was up for sale. The news comes as jazz clubs across the borough disappear.
Jasir Gipson was shot by a stray bullet at 5 years old while walking with his mother. More than a decade later, he's graduating from high school with nothing but a smile.
Garbage piling up near freight train tracks is frustrating many Maspeth residents.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
An 18-year-old died Wednesday after being thrown from a horse carriage while riding with his family. CBS News New York's Adi Guajardo reports.
CBS News New York's John Elliott has your First Alert Forecast for June 17 at 11 p.m.
The Trump administration has invited the New York Knicks to the White House for a championship celebration; OG Anunoby met with fans in Yonkers, and a 5-year-old won a Jalen Brunson lookalike contest in Washington Square Park.
We are now less than 12 hours away from what's expected to be one of the biggest parades New York City has ever seen. CBS News New York's Naveen Dhaliwal reports.
The owner of a luxury clothing brand is accused of exploiting and stealing from her workers, the Manhattan District Attorney announced Wednesday.