Budget/Economy

Recent Posts

Foley, Malloy find common ground in GAAP

Who says Gov. Dannel P. Malloy and GOP gubernatorial challenger Tom Foley can’t find common ground? The fierce political rivals apparently agree on one topic, though it might not be the most pressing in the minds of voters: the ongoing conversion of state finances to Generally Accepted Accounting Principles.
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Malloy, Foley on economy: some harmony amidst discord

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Despite their seeming ability to disagree about almost everything, Gov. Danel P. Malloy and Tom Foley share plenty of common ground about Connecticut’s future economic development. But it’s their respective track records that lead them to butt heads most frequently.
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Towns plead for more aid to fix deteriorating roads and bridges

Recent increases in state funding for municipal road and bridge repair haven’t been sufficient to reverse decades of shrinking assistance, or to prevent the steady deterioration of local infrastructure, the Connecticut Conference of Municipalities reported Thursday. Continue Reading →

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JAX Genomic opens to Malloy’s cheers, Foley’s jeers

Gov. Dannel P. Malloy addresses the crowd moments before the official opening of the new genomic medicine research institute in Farmington

Gov. Dannel P. Malloy trumpeted one of his administration’s boldest investments Tuesday at the opening of a heavily subsidized genomic medicine research institute on the UConn Health Center campus in Farmington, but Republican gubernatorial challenger Tom Foley called its price tag too high. Continue Reading →

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A rough road ahead for transportation improvements

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At first glance, Connecticut’s transportation system is in line for a big boost no matter who wins the race for governor. But as candidates tout their transportation platforms, they simultaneously espouse other fiscal positions that all but eliminate any hope of a major boost in transportation spending. The last of three parts.
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Budget choices, fiscal maneuvers undermine transportation funding

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A growing list of long-desired projects deemed unaffordable by transportation officials isn’t the only challenge awaiting the next governor. Critics say a decade’s worth of poor budgetary decisions has left billions of dollars’ worth transportation financing approved in name only – and not converted into actual dollars spent on highways, bridges and railroads. The second of three in a series. Continue Reading →

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Improving transportation in Connecticut: A decade of slow going

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This year the state expects to rake in 40 percent more at the pumps, between wholesale and retail fuel taxes, than it did a decade ago. The transportation network hasn’t made similar progress. First of a three-day series. Continue Reading →

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