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June 28, 2016

Mixed Messages Sent Over Connecticut’s Exploration of A Mileage Tax

by Christine Stuart | June 28, 2016 10:30am

Douglas Healey file photo Connecticut Republican lawmakers were surprised to read the Washington Post this weekend and learn that as a member of the I-95 Corridor Coalition, Connecticut has applied for a federal grant to launch a pilot program for a mileage tax.

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June 27, 2016

Connecticut’s Interstates Among Most Congested In Country

by Christine Stuart | June 27, 2016 12:02pm

shutterstock Connecticut’s highways are among the busiest and most congested in the nation, according to a new report released by TRIP, a national transportation organization.

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June 16, 2016

Tax Attorneys Skeptical of Election Year Budget

by Cara Rosner | June 16, 2016 10:40am

Courtesy of CT-N Connecticut businesses were spared from “sweeping” tax increases in the latest state budget, but should expect to see tax hikes at the municipal level, according to tax attorneys.

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June 9, 2016

Malloy Vetoes Lembo’s Bill Calling for Legislative Evaluation of Business Incentive Programs

by Christine Stuart | June 9, 2016 9:10pm

ctnewsjunkie file photo Gov. Dannel P. Malloy vetoed two more bills Thursday, including one that was passed on the last night of session and another that would give a legislative committee the ability to evaluate the state’s tax incentive program for recruiting and retaining businesses.

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June 3, 2016

OP-ED | Lembo Wisely Draws The Line On Crony Capitalism

by Terry Cowgill | June 3, 2016 5:30am

Christine Stuart file photo
The news last week provoked an uneasy mixture of disgust and resignation. Only weeks after the General Assembly passed a budget that included lay-offs of state employees and cuts in services, the state Bond Commission approved $22 million in loans and grants for the world’s largest hedge fund whose chief is ranked ninth on the Forbes 2016 list of hedge fund managers.

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June 2, 2016

Budget Deficit Doesn’t Budge

by Christine Stuart | June 2, 2016 12:45pm

CTNewsJunkie file photo The state budget situation has remained static over the past month and the state is still experiencing a $259.1 million deficit for the fiscal year that ends June 30, according to state Comptroller Kevin Lembo.

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May 23, 2016

ANALYSIS | Sullivan, Rating Agencies Signal Little Room For Error in CT’s Budget

by Christine Stuart | May 23, 2016 2:05pm

CTNewsJunkie file photo Lawmakers passed a $19.76 billion budget for 2017 last week, mostly along party lines, that included no tax increases and more than $820 million in spending cuts.

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May 20, 2016

Stubborn Deficit Remains In This Year’s Budget

by Christine Stuart | May 20, 2016 3:48pm

CTNewsJunkie file photo Lawmakers resolved the 2017 deficit last week when they sent a $19.76 billion budget to Democratic Gov. Dannel P. Malloy, but they’ve been unable to resolve the $259.1 million deficit in 2016.

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May 19, 2016

Two Wall Street Firms Downgrade Connecticut Bonds

by Christine Stuart | May 19, 2016 3:17pm

Two of the four Wall Street rating agencies lowered Connecticut’s credit rating one notch prior to an upcoming bond sale.

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May 16, 2016

Budget Bill Changes How State Will Estimate Deficits and Surpluses

by Christine Stuart | May 16, 2016 9:30am

Christine Stuart file photo On the campaign trail in 2014, Gov. Dannel P. Malloy was critical of how the legislature’s Office of Fiscal Analysis estimates future budget deficits, but the budget adopted last week by the General Assembly changes that practice.

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