Budget/Economy

Recent Posts

Feds provide $161 million toward replacing balky Norwalk rail bridge

The swing bridge shown in the open position over the Norwalk River

The federal government Wednesday awarded Connecticut a competitive grant of $161 million toward replacement of the 118-year-old Walk Bridge in Norwalk, a movable bridge whose failure in the open position halted Metro-North and Amtrak traffic twice this year on one of the busiest rail corridors in the U.S. Continue Reading →

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Foley, Malloy vow to spend more on transportation, but offer no plans to pay for it

NORTH HAVEN – While Gov. Dannel P. Malloy and Greenwich businessman Tom Foley both vowed Monday to spend heavily on transportation, neither gubernatorial contender outlined any plans to pay for these investments. Continue Reading →

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Auditors: More miscues managing CT teachers’ retirement system

Teachers' Retirement Board logo

The state agency that oversees benefits for 32,000 retired Connecticut teachers came under fire again Thursday from the state auditors. Among other things, it failed to keep track of $50 million owed to a retirement health care program throughout most of 2012 and 2013. Continue Reading →

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