January 18, 2017
by Christine Stuart | January 18, 2017 5:30am
Connecticut’s economy is slowly regaining confidence, or it’s gotten lucky with collecting one-time revenue and business taxes. Those are the two interpretations of the latest revenue projections from state budget analysts.
Tags: Len Fasano, Themis Klarides, Kevin Lembo, Ben Barnes, consensus revenues, OFA, OPM
January 17, 2017
by Christine Stuart | January 17, 2017 2:54pm
Lawmakers and Gov. Dannel P. Malloy avoided increasing taxes last year when resolving a nearly $1 billion budget deficit, however, at least one advocacy group is asking them to reconsider a “cuts-only approach,” as they prepare to tackle a much larger budget deficit.
by Christine Stuart | January 17, 2017 5:30am
January 11, 2017
by Christine Stuart | January 11, 2017 5:09pm
ROCKY HILL, CT — Gov. Dannel P. Malloy told local elected officials that he would trade the state’s $1.5 billion budget deficit for their budget woes and cash balances any day of the week.
January 9, 2017
by Christine Stuart | January 9, 2017 10:30am
Gov. Dannel P. Malloy refused to rule out tax increases in a 40-minute interview in his office with Capitol reporters Friday.
January 6, 2017
by Christine Stuart | January 6, 2017 5:29am
State officials weren’t surprised Connecticut’s unfunded pension liability increased to its worst level in several years even after assuming the recent changes negotiated by Gov Dannel P. Malloy and the state labor unions.
January 5, 2017
by Christine Stuart | January 5, 2017 12:51pm
With two resignations in the Senate on opening day, it looks as if all the pieces stopped moving long enough for legislative leadership to name committee chairs and vice chairs.
January 4, 2017
by Christine Stuart | January 4, 2017 5:30am
HARTFORD, CT — The first day of the legislative session is usually filled with pomp and ceremony, but this year is much different. There’s no script for how things will play out in either the House or the Senate.
January 3, 2017
by Christine Stuart | January 3, 2017 5:30am
The 2017 legislative session is scheduled to start Wednesday with hundreds of campaign promises at stake and a General Assembly split by just seven seats in the House and a tiebreaking lieutenant governor in the Senate.
December 16, 2016
by Terry Cowgill | December 16, 2016 5:30am
On one level, the pension deal announced last week by Gov. Dannel P. Malloy and the state employees unions is welcome. It averts the catastrophe of having the state’s annual obligation skyrocket from its current $1.5 billion to an outrageous $6 billion by 2032.