by Christine Stuart | April 17, 2014 2:29pm
Republican legislative leaders in the House and Senate unveiled an alternative budget that nonpartisan fiscal analysts say will slightly decrease the deficit in future years.
Continue reading "Republicans Release A Budget, But Will Anyone Take Notice?" »
by Brian O'Shaughnessy | April 14, 2014 3:30am
Financially inefficient markets are not sustainable. They crash.
Continue reading "OP-ED | The Search for Sustainability" »
by Christine Stuart | April 1, 2014 11:05pm
Rep. Ted Moukawsher of Groton was the lone Democrat on the Finance, Revenue, and Bonding Committee to vote Tuesday against the governor’s $155 million election-year tax refund.
Continue reading "One Democrat Votes Against Malloy Tax Refund Proposal" »
by Christine Stuart | April 1, 2014 12:02pm
State Comptroller Kevin Lembo certified a $504.9 million budget surplus Tuesday. It’s a number that could grow following April’s revenue collections and “barring any last-quarter spending increases,” he said.
Continue reading "Lembo Certifies Surplus, But Warns About Spending It" »
by Christine Stuart | March 28, 2014 4:29pm
Gov. Dannel P. Malloy was non-committal Friday about how hard he would fight to keep surplus spending from this year focused on the priorities he outlined in his budget proposal.
Continue reading "Can You Still Bank On A $55 Tax Refund?" »
by Terry D. Cowgill | March 28, 2014 5:30am
If you heard people were talking taxes at the Capitol, you’d probably shrug and figure it was par for the course. Politicians in Hartford are always scheming to take away more of our hard-earned cash to feed the beast. So whenever the General Assembly goes into session after the new year, it’s time to watch your wallet.
Continue reading "OP-ED | Feeding The Beast: A Very Taxing Problem For Connecticut" »
by Christine Stuart | March 27, 2014 11:58am
(Updated 4:18 p.m.) The Appropriations Committee wants to increase state spending by about $12.3 million more than what Gov. Dannel P. Malloy proposed in February, bringing their budget within $700,000 of the state spending cap.
Continue reading "Committee Increases Governor’s Budget, Comes Close to Spending Cap" »
by Christine Stuart | March 27, 2014 6:57am
One of the legislature’s two budget writing committee’s is expected to vote today on a spending plan for next fiscal year.
Continue reading "Approps Committee To Approve Budget Later Today" »
by Christine Stuart | March 24, 2014 5:30am
This week several legislative committees will reach their deadlines to forward legislation to another committee or to the floor of the House or Senate.
Continue reading "Legislative Deadlines Fast Approaching" »
by Christine Stuart | March 6, 2014 1:45pm
Fitch Ratings maintained its AA rating for Connecticut bonds in anticipation of the sale of $400 million in general obligation bonds later this month. That’s the good news. The bad news is that Fitch also maintained its negative outlook of the state based on “budget vulnerability.”
Continue reading "Rating Agency Says Outlook For CT Bonds Still ‘Negative’" »