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NYC’s Budget Woes – and What We Can Do About Them


Andrew Rein, president of the Citizens Budget Commission, has been following the city and state budgets for some time, and he knows that the COVID-19 pandemic has put them both in a precarious state. Rein argues that there are lessons we can learn from previous fiscal crises, and that there are creative measures we can take before the government looks at cutting services or raising taxes, both of which could have cyclical negative impacts on the city overall. 

ABOUT OUR GUEST:

Andrew S. Rein is President of the Citizens Budget Commission. He has 25 years’ experience catalyzing constructive change in public and social finances and services as a leader in premier nonprofit and public organizations. Rein served as Associate Director of the U.S. Centers for Disease Control and Prevention where he led development of the U.S.’s first-ever National Prevention Strategy and the health reform portfolio. He served as Executive Deputy Commissioner/Chief Operating Officer of the NYC Health Department where he oversaw its $1.6 billion annual budget, designed and led its innovative performance management program, and led policy and intergovernmental affairs. He was Senior Vice President for Strategy of both EmblemHealth and NYU Lutheran. As Senior Policy Advisor to the NYC Schools Chancellor, he led the salary component of collective bargaining negotiations. Mr. Rein started his policy career at the Citizens Budget Commission and the NYC Independent Budget Office. He has a BA in Philosophy from Tufts University and an MS in Urban Policy Analysis and Management from the New School’s Milano School.


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ABOUT THE HOSTS

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Cheryl Cohen Effron

Cheryl Cohen Effron spent most of her career as a New York-based real estate developer. Ms. Effron left full-time real estate work to dedicate her time to tri-sector (government, non-profit and corporate) solutions for urban issues. Ms. Effron is currently board chair of Greater NY, a non-profit she co-founded during the financial crisis in 2009 which pairs civic leaders in the business world with the heads of non-profit organizations in two-year one-on-one strategic partnerships.

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Jamie Rubin

Jamie Rubin is a veteran of federal and state government and a longtime investment professional. He served in the Clinton Administration, then spent 15 years on Wall Street as an investment banker and partner with two global private equity firms. Jamie rejoined the public sector in 2012. Jamie is now CEO of Meridiam NA, a developer of large infrastructure projects in the US and Canada. Jamie is a graduate of Harvard College and Yale Law School. He and his wife, author and podcaster Gretchen Rubin, live in New York City with their daughters and a dog.