Budget/Economy

Recent Posts

Labor, advocacy groups call for tax hikes instead of budget cuts

Lori Pelletier

A top Connecticut labor leader blasted Gov. Dannel P. Malloy’s proposed budget as continuing “to protect the very, very wealthy,” offering a counterpoint to the governor’s call for deep spending cuts and state workforce reductions, and to the broader aversion among many legislators to the idea of raising taxes for a second consecutive year. Continue Reading →

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Business leaders push to intensify control of state spending

Paul Timpanelli, president and CEO of the Bridgeport Regional Business Council, comments on the governor's proposed budget Tuesday. Behind him are Tony Sheridan, president of the Chamber of Commerce of Eastern Connecticut, left, and Larry McHugh, president of the Middlesex County Chamber of Commerce.

Connecticut’s business leaders had high praise Tuesday for the deep spending cuts and absence of tax hikes in Gov. Dannel P. Malloy’s new budget. But they also warned that without an even harder, bipartisan push to control spending, businesses will remain reluctant to grow — or to support the tolls and gasoline tax hikes recommended to finance transportation improvements. Continue Reading →

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Malloy’s vision for Connecticut shifts dramatically in new budget

Gov. Dannel Malloy delivering his 2016 budget address.

Had state government slashed its way out of a deficit five years ago, Gov. Dannel P. Malloy often has said, Connecticut’s quality of life would be unrecognizable. But the Democratic governor now is urging spending cuts over the next two years that key Democratic lawmakers argue could have an impact similar to cuts Republicans sought – and Malloy decried – in 2011. Continue Reading →

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Malloy: Increase charter school, cut neighborhood school funding

Jumoke Academy charter school students work on an assignment while Gov. Dannel P. Malloy and Lt. Gov. Nancy Wyman watch in the back.

Charter schools have escaped Gov. Dannel P. Malloy's budget axe and are slated for a $9.3 million boost in his proposed state budget. But the Democratic governor wants a $52.9 million cut on funding for special education, after-school programs, reading tutors and other services in low-performing public schools across the state. Continue Reading →

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Labor savings: The big unknown in Malloy’s new budget

Lori Pelletier, head of Connecticut AFL-CIO

Gov. Dannel P. Malloy's new plan to cut agency budgets almost 6 percent relies heavily on cutting labor costs. His critics say it can't be done by downsizing staffing alone, but also requires concessions. And labor union leaders decry both approaches. Continue Reading →

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Advocates say social service, mental health cuts will hurt

Gov. Dannel Malloy delivering his 2016 budget address.

Gov. Dannel P. Malloy’s proposed budget calls for cutting funding for mental health and substance abuse treatment, hospitals, community health centers, school-based health clinics, asthma treatment, respite programs for those who care for people with dementia – and more. Continue Reading →

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Malloy: Shift health care, pension costs to universities

University of Connecticut campus in Storrs

Gov. Dannel P. Malloy's proposed budget would transfer the responsibility for health care, retirement and other fringe benefit costs for thousands of employees to the state's public colleges and universities – a move college leaders have warned will probably result in a lot of red ink in their budgets. Continue Reading →

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Malloy’s budget speech to call for reforms, sustainability

Gov. Dannel P. Malloy, delivering last year's State of the State.

Gov. Dannel P. Malloy intends to frame his budget proposal today as a reform of Connecticut’s much-maligned and unpredictable process of budgeting, as well as a blueprint for taming unsustainable spending. In excerpts released ahead of his noon speech, he also challenges legislators: "We can’t be opposed to tax increases, but unwilling to cut the spending those taxes support." Continue Reading →

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