Despite the likelihood of deep spending cuts in Gov. Dannel P. Malloy’s next budget, the prospects of tax relief for consumers, retired teachers and the working poor are good. But for Connecticut’s businesses – not so much.
Connecticut’s jobless rate remained fixed at 6.4 percent in October, despite the addition of about 3,600 new jobs, the state Department of Labor reported Thursday. The agency’s latest report also downgraded job growth estimates it had released two weeks before Election Day.
Gov. Dannel P. Malloy spared cities and towns from the state budget axe as he grappled with deficits for much of the past four years. But with sales tax receipts promised long ago to municipalities still lying in the state’s coffers, GOP legislative leaders are worried the Democratic governor’s days of sparing local taxpayers are over.
Over the next five years, the Connecticut Department of Children and Family Services, the Department of Public Health and the City of New Haven will receive $4 million in federal funds to prove that providing integrated physical and mental health services improves outcomes for the city’s youngest children. Continue Reading →
Outside spending on Connecticut’s closely contested race for governor reached a record $18.2 million in 2014, a five-fold increase from 2010 that dwarfed the $6.5 million in public financing allotted to each of the major-party candidates. But fears of heavy independent spending on legislative races went unrealized. Continue Reading →
Washington – The Senate on Wednesday voted to limit debate on the nomination of Victor Allen Bolden, the corporation counsel for the city of New Haven, to the federal bench, paving the way for a confirmation vote Thursday. Continue Reading →
WASHINGTON – Unless Congress acts soon, Connecticut commuters, students, homeowners and businesses will lose a number of valuable tax credits and deductions. These credits and deductions, known as “extenders,” aren’t a permanent part of the tax code and must be renewed by Congress from time to time. Continue Reading →
WASHINGTON – In a surprise move, House Minority Leader Nancy Pelosi chose New Mexico Democrat Ben Ray Lujan to head the Democratic Congressional Campaign Committee, overlooking a handful of Democrats, including Rep. Jim Himes, D-4th District, who had been considered for the job. Continue Reading →
Gov. Dannel P. Malloy’s budget director acknowledged Monday there's little likelihood all of the tax relief promised on the campaign trail can be provided in the next state budget, which faces a major deficit projection. And while the governor promised new tax relief for college graduates struggling with student loan debt, budget director Benjamin Barnes said Connecticut’s public colleges and universities probably won’t be spared emergency budget cuts due out this week. Continue Reading →
Gov. Dannel P. Malloy didn’t take a position early Monday on the prospect of expanded casino gaming in Connecticut, though he did predict the preliminary proposal offered by the Mohegan tribe would not go forward at this time. The governor said if the state’s recent dalliance with keno showed anything, it’s that Connecticut isn’t looking to expand gaming. Continue Reading →
With Connecticut’s legislature having failed over two sessions to amend state laws to comply with U.S. Supreme Court rulings on long sentences imposed on children, Connecticut’s highest court will soon decide three cases that have the potential to impact dozens of state inmates. Continue Reading →