MEDIA ADVISORY FOR: Wednesday, May 29, 2013 at 12 pm noon
FOR MORE INFORMATION: Kristi Barnes Kristi@alignny.org 212.701.9469 office 718.755.5136 cell
NEW REPORT ON NEW YORK’S $7 BILLION GAMBLE IN ECONOMIC DEVELOPMENT TO BE RELEASED AT STATE CAPITOL BRIEFING
With Another New Tax Subsidy Program Just Announced by Gov. Cuomo, Advocates to Highlight Need to Reform Existing Programs
New York, NY— On the heels of an announcement by Governor Cuomo of Tax-Free New York, a new economic development program, labor, community, environmental, faith, small business, good government and other advocacy groups will convene at the State Capitol to present findings from a new report, the $7 Billion Wager: New York’s Costly Gamble in Economic Development. The report, released by members of the Getting Our Money’s Worth coalition, analyzes data from dozens of current economic development programs, and, for the first time, examines in detail often unseen and uncounted state and local spending. Speakers will present report highlights and discuss solutions to ensure New Yorkers get our money’s worth from costly economic development subsidies.
WHAT: Legislative and Media Briefing on New York State’s $7 Billion Wager
WHERE: LCA Room (130 Legislative Office Building)
Empire State Plaza, Albany, NY
WHEN: Wednesday, May 29, 2013 at 12:00PM noon
WHO: ALIGN, Assembly Member Sean Ryan, Citizens Budget Commission, Clean Air Coalition, Coalition for Economic Justice, Ironworkers Local 12, Long Island Jobs with Justice, Schenectady Area Labor Federation
VISUAL: Dozens of advocates, community members, and elected officials will speak and distribute copies of the new report.
For an embargoed copy of the new report, please contact Kristi Barnes at kristi@ALIGNny.org. The embargo will be lifted at 12:00 AM midnight on Wednesday, May 29, 2013.
ALIGN: The Alliance for a Greater New York’s mission is to create good jobs, vibrant communities and an accountable democracy for all New Yorkers. Our work unites worker, community, and other allies to build a more just and sustainable New York. ALIGN was formed in April 2011 through the merger of New York Jobs and Justice and Urban Agenda. Visit www.ALIGNny.org for more information.
The Getting Our Money’s Worth Coalition is a broad coalition of public policy experts, government watchdogs, labor unions, community and religious organizations, and concerned small business owners, workers and taxpayers. The statewide coalition is anchored by ALIGN: The Alliance for a Greater New York, the Buffalo-based Coalition for Economic Justice and Long Island Jobs with Justice.