Laura Schultz, executive director of research at the SUNY Rockefeller Institute of Government, looks closely at how New York state dollars funnel towards the federal government, and how those funds come back to the state and city. For a long time, New York’s balance of payments have tilted toward a gap, meaning the state sends more to the federal government than it gets back. We’ll look at the ways this impacts services in New York, and how the state might recover from COVID-19 and the resulting budget shortfall.
ABOUT OUR GUEST:
Dr. Laura Schultz is Executive Director of Research at the Rockefeller Institute of Government where she oversees the Institute’s wide research portfolio and conducts research evaluating the fiscal and economic impacts of federal, state, and local policies and emerging economic trends. Dr. Schultz’s research explores how state and local governments can support innovation and generate economic growth through investments in higher education, science and technology, entrepreneurship, and workforce. Dr. Schultz is working to develop new channels to communicate research findings to a broader audience through blog posts, interactive data visualization tools, and podcasts.
LINKS RELATED TO THIS EPISODE:
- Follow the Rockefeller Institute of Government on Twitter
- U.S. News and World Report: ‘Blue State Bailouts’? Some States Send Billions More to Federal Government Than They Get Back
- Office of the New York State Controller: New York Continues to Send More Federal Tax Dollars to Washington Than It Gets in Return
- SUNY Rockefeller Institute of Government: Giving or Getting? New York’s Balance of Payments with the Federal Government