Debt does not disappear. Somebody pays. NYS or any state does not generate income it simply collects it. Therefore it has no power to pay back any debt. No resources. It will collect it from the working stiffs out on ‘The Island, westchester, the boroughs and upstate
LI is turning into solid red Trump country. Let’s see what happens.
According to the 990, this organization received about $66 million in non-government grants and donations in 2020, and according to the schedule A, none from donors over 1.676 million, other than unusual grants or publically-supported organizations.