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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 6, 2016

Malloy Threatens to Veto Public Retirement Bill

by Christine Stuart | May 6, 2016 12:33pm

Christine Stuart photo Democratic Gov. Dannel P. Malloy said he would veto a bill championed by progressives that would create a quasi-public agency to administer a public retirement system for all private sector employees — if the legislature doesn’t fix it.

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April 20, 2016

Labor, Malloy Find Common Ground On Pension Funding

by Christine Stuart | April 20, 2016 12:05pm

Christine Stuart photo There’s very little these days that Gov. Dannel P. Malloy’s budget director, Ben Barnes, and Daniel Livingston, the lead negotiator for the State Employees Bargaining Agent Coalition, can agree upon. But shoring up the state’s pension fund is one of them.

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March 10, 2016

3 of the 4 Wall Street Rating Agencies Have A ‘Negative Outlook’ of Connecticut Bonds

by Christine Stuart | March 10, 2016 4:21pm

CTNJ file photo All four Wall Street credit rating agencies reaffirmed their bond ratings for Connecticut’s general obligation bonds, but three of the four offered a “negative outlook” on the state’s credit rating in advance of a bond sale.

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March 8, 2016

Republicans Pitch Alternative To Public Retirement, But Democrats Maintain Support

by Christine Stuart | March 8, 2016 1:49pm

Christine Stuart photo A trio of Republican Senators said they don’t believe Connecticut should create a public retirement system that would require private sector employees to contribute to a retirement plan through a payroll deduction.

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February 26, 2016

Malloy Expresses Concern Over Ballooning Budget Deficit

by Christine Stuart | February 26, 2016 1:09pm

Christine Stuart / CTNewsJunkie Gov. Dannel P. Malloy said he’s not endorsing the newly released deficit figures, which show Connecticut is facing a more than $1.2 billion deficit over the next 18 months, but he is also not surprised by them.

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February 25, 2016

Nonpartisan Budget Analysts Project Bigger Budget Deficits

by Christine Stuart | February 25, 2016 3:43pm

Christine Stuart photo The legislature’s nonpartisan Office of Fiscal Analysis came out with new budget estimates Thursday that put the state budget deeper in the red than initial projections.

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January 15, 2016

Lembo Pitches Pension Solution

by Christine Stuart | January 15, 2016 6:30am

Christine Stuart photo State Comptroller Kevin Lembo thinks he’s found a solution to Connecticut’s unfunded pension woes.

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November 10, 2015

Connecticut Businesses Worry About Fed Interest Rate Hike

by Cara Rosner | November 10, 2015 6:30am

shutterstock Most business leaders in Connecticut believe their companies’ outlooks will remain stable or improve in the coming months, but more than half anticipate having to deal with higher interest rates by mid-2016, according to a survey out last week.

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September 30, 2015

Panel Will Try To Make Connecticut More Competitive

by Cara Rosner | September 30, 2015 12:45pm

shutterstock A newly formed, permanent commission has begun tackling the question of how to make Connecticut more economically competitive.

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