December 26, 2014
by Will Hermann | December 26, 2014 10:48am
No matter who is governor of Connecticut, the problem of projected state budget deficits likely will never be addressed in the long term. This problem is mainly an institutional one because a governor has more to gain politically by using budget gimmicks to address short-term deficits than by making the tough decisions that are necessary to address the problem in the long term.
December 13, 2014
by Sal Luciano | December 13, 2014 6:53pm
In case you missed it, there’s a monster lurking in our nation’s capital. It’s assumed the form of a 1,603-page, $1.1 trillion spending package written (allegedly) to avert another government shutdown.
December 5, 2014
by Suzanne Bates | December 5, 2014 12:24am
For years union leaders agreed to underfund the state’s public pension funds in exchange for perks offered up by whoever the governor was at the time — whether the perks were increased pay, greater job security, or an early retirement scheme.
December 3, 2014
by Christine Stuart | December 3, 2014 5:30am
An actuary hired by the state recently estimated that pension obligations for active and retired state employees totaled $51 billion in 2014, and the funded ratio over the past two years has declined slightly.
October 29, 2014
by Christine Stuart | October 29, 2014 8:28pm
The one and only 25-minute debate between Democratic State Treasurer Denise Nappier and Tim Herbst, her Republican challenger, wasn’t long enough. The two candidates sparred after the debate at NBC Connecticut’s West Hartford studio.
September 23, 2014
by Kristi Allen | September 23, 2014 4:30am
September 15, 2014
by Cara Rosner | September 15, 2014 4:30am
Most high net worth investors nationwide are optimistic that the economy will hold steady or improve in the coming year, but those in Connecticut don’t appear as confident as their peers elsewhere, according to a new poll.
September 2, 2014
by Christine Stuart | September 2, 2014 4:30am
August 6, 2014
by Madeline Stocker | August 6, 2014 9:28pm
July 17, 2014
by Martin Looney & Joe Aresimowicz | July 17, 2014 4:30am
As our citizens approach retirement, far too many of them rely exclusively on Social Security as retirement income. While Social Security has lifted many senior citizens out of abject poverty, it does not in fact provide a decent living for those with no other source of retirement income. This problem will become one of extraordinary urgency as more and more baby boomers reach retirement age.