NYC Health Insurance Stabilization Fund insolvent

Originally created in 1984 to cover the insurance premium difference between GHI and HIP. It has been used as a virtual piggybank by municipal unions and mayors in labor bargaining. The Fund owes the city $3.1 billion, not counting obligations tallied for fiscal years 2024 and 2025. GHI and HIP merged in 2006 becoming EmblemHealth, … Read more

Affordable childcare requires making $330,000 per Mamdani. Really?

On Dec 26, 2025, at 4:33 PM, Zohran Mamdani <contact@transition2025.com> wrote: The holidays are about being with family, Danny.  For some, it’s a welcome break from work or school. Yet for many, the struggle to afford childcare continues all the same.  Here’s the reality for a family in New York: affording childcare requires you to make more than $330,000 … Read more

$100 one-way to LGA and JFK

By Patrick McGeehan Dec. 24, 2025 The annual holiday scramble to New York City’s airports is in full swing. And for most travelers, it will involve ever more costly rides in Ubers, Lyfts and yellow cabs that frequently charge more than $100 each way. Those fares are bound to go higher as airport officials prepare to … Read more

Governor Hochul’s FY 2026 $252 Billion budget

The New York State budget has a 27-month cycle. Before Governor’s announcement in January, the process starts when the previous budget passed the Albany legislature supposedly by March 31. The fiscal year is April 1 until March 31. All approved appropriations must be disbursed by December 31. Thus preparation of the FY 2024 budget started … Read more