by Jack Kramer | December 5, 2016 5:30am
NORWALK, CT — Comptroller Kevin Lembo knew he was playing to a tough crowd when he agreed to talk to a group of Connecticut business leaders about the state of the state’s economy.
Continue reading "Lembo Sums Up Connecticut’s Budget Crisis For Business Leaders" »
by Terry Cowgill | December 2, 2016 5:30am
“We didn’t ask for it; there’s no need for it,” Goshen First Selectman Bob Valentine told the Northwest Hills Council of Governments in October. “It’s a solution looking for a problem.”
Continue reading "OP-ED | ‘Health’ Of Small Towns Threatened By DPH Proposal" »
by Christine Stuart | December 2, 2016 5:30am
One of the Wall Street ratings agencies downgraded its outlook of Connecticut’s general obligation bonds citing fixed costs and a stubborn budget deficit.
Continue reading "Wall Street Ratings Agency Changes Outlook for Connecticut Bonds Citing Fixed Costs" »
by Christine Stuart | November 30, 2016 3:40pm
HARTFORD, CT — Connecticut’s two budget-writing committees got some sobering news Wednesday about the state’s budget situation over the next three years.
Continue reading "Connecticut Lawmakers Get A Glimpse of Budget Problems They Will Face" »
by Christine Stuart | November 23, 2016 1:36pm
Connecticut is facing at least a $1.5 billion deficit over the next year and possibly a $3.1 billion deficit over the next two years, and Senate Republican Leader Len Fasano is anxious to start having discussions about how to fix it.
Continue reading "Republican Leader Calls For Bipartisan Budget Talks" »
by Jack Kramer | November 16, 2016 4:02pm
A new survey shows while most Connecticut residents enjoy living here they worry that lack of jobs, good public transportation, quality health care, and the dearth of affordable housing will drive many of them to flee the Nutmeg State.
Continue reading "Survey Respondents: We Love Connecticut, We Just Can’t Afford To Live Here" »
by Christine Stuart | November 16, 2016 5:30am
Two fiscal reports released Tuesday offer a sobering glimpse of the budget challenges lawmakers face when they return in January.
Continue reading "Reports Highlight Budget Challenges, Fiscal Woes" »
by Jack Kramer | November 15, 2016 3:30pm
Municipal leaders from the Connecticut Conference of Municipalities Tuesday renewed their call for the state legislature to scrap the municipal spending cap.
Continue reading "Municipal Officials to State: Repeal The Spending Cap For Municipal Grants" »
by Christine Stuart | November 10, 2016 7:15pm
State revenues are down $49.3 million over last month, but there’s no reason to hit the panic button just yet. The bad news comes in 2018, 2019, and 2020.
Continue reading "Revenue Drop Will Create Challenges For Next Two Year Budget" »
by Jack Kramer | November 10, 2016 11:00am
Voters in the state of Massachusetts on Tuesday legalized recreational marijuana beginning in 2018. The move is expected to fuel debate on whether Connecticut will soon follow.
Continue reading "Will Connecticut Pull the Weeds Growing at the Massachusetts Border?" »