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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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May 13, 2016

House Sends ‘Unpleasant’ Budget With Deep Spending Cuts To Malloy

by Christine Stuart | May 13, 2016 8:10pm

Christine Stuart photo Democratic lawmakers in the House said the $19.76 billion budget that closes a nearly $1 billion deficit is unpleasant, but necessary in order to deal with a sluggish economy and lagging revenues.

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OP-ED | Connecticut’s Fiscal Crisis Has Reached a Middle

by Susan Bigelow | May 13, 2016 10:00am

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What, you thought our fight with deficits was almost over? Think again.

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May 12, 2016

Senate Passes Budget; House Up Next

by Christine Stuart | May 12, 2016 5:02pm

Christine Stuart photo Revising how education funding is distributed to Connecticut towns, cutting spending across the board, and changing the way future budgets are estimated are a few of the reforms highlighted by the Senate’s Democratic majority during a more than three-hour debate on the $19.76 billion budget on Thursday.

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Union Leaders, Workers Warn Budget Would Decimate State Services

by Jack Kramer | May 12, 2016 12:33pm

Jack Kramer photo The Senate was poised to approve a $19.76 billion state budget for 2017 Thursday, but labor unions remained hopeful they could create enough concern among House members to defeat a deal they say will damage the quality of life for all residents.

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May 10, 2016

Special Interests Take Sides In Budget Debate, But There’s Still No Document

by Christine Stuart | May 10, 2016 9:30am

Christine Stuart photo Even though details have not yet been made available to lawmakers or the public, the state’s largest business organization called on the General Assembly to approve the negotiated budget agreement reached last week between Democratic legislative leaders and Gov. Dannel P. Malloy.

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May 9, 2016

More Businesses Opened Their Doors In 2015

by Cara Rosner | May 9, 2016 12:00pm

More businesses opened their doors in Connecticut last year than in the previous year, and small businesses led the growth, according to state data.

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