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Auditors again find costly problems with state pension program

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For the second time in five months, state auditors have disclosed a host of problems with the state’s retirement benefits programs. Their report focuses on millions of dollars in “preventable” interest costs tied to a growing backlog in processing pension cases and on concerns about the state’s controversial disability pension program. Continue Reading →

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Advocates hope CT’s transportation woes will spur spending

Putnam bridge

While transportation advocates offered further evidence Tuesday that Connecticut’s aging, congested transportation system is weakening the economy, they remained uncertain whether that would translate into greater state investment in the problem. A new report from a Washington, D.C.-based advocacy group concluded congestion and aging infrastructure cost Connecticut residents in urban areas between $2,050 and $2,236 per year. Continue Reading →

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Malloy: Time is running short to strike a budget deal

Left to right, Senate Majority Leader Martin M. Looney of New Haven, House Minority Leader Themis Klarides of Derby and Senate Minority Leader Len Fasano of North haven after meeting with Gov. Dannel P. Malloy Monday.

While legislative leaders were uncharacteristically coy following Monday’s budget negotiations, Gov. Dannel P. Malloy made it clear lawmakers are running out of time if they want to play a role in balancing state finances. Continue Reading →

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Senate Dems break with House, go own way on deficit


Senate Democrats issued their own deficit-mitigation plan Thursday, pressing for a retirement incentive plan opposed by House Democrats and Gov. Dannel P. Malloy as damaging to the state’s overburdened pension system. Continue Reading →

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AG declares constitutional spending cap unenforceable

Attorney General George Jepsen (file photo)

Connecticut’s constitutional spending cap, often a major weapon in political and policy fights, carries no legal authority because of the legislature’s failure to formally implement the measure, Attorney General George Jepsen said Tuesday in a legal opinion. Continue Reading →

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Democrats: Suspend public financing of elections, cut transportation and local aid


The leaders of the legislature's Democratic majority Monday recommended suspending the state's public-financing of elections for 2016, cutting social services and retreating from two major initiatives on transportation and municipal aid. Continue Reading →

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Connecticut economy, the facilitator will see you now

Kenya Rutland, a meeting facilitator, during a brainstorming session.

It was inevitable. Suzanne Bates of the Yankee Institute, a conservative think tank critical of public-employee benefits, found herself at a table next to Daniel J. Livingston, the lawyer who negotiates those benefits for state employee unions. The unlikely table mates were emblematic of an experiment staged Friday to find a new approach to economic policy in Connecticut. Continue Reading →

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