Budget/Economy

Recent Posts

Malloy boldly projects perfection in last budget update before election

Gov. Dannell P. Malloy with Campaign Manager Mark Bergman

It’s came as no surprise this week when Gov. Dannel P. Malloy’s administration reported the state budget was in balance. What was far more surprising, though, was the added assertion there are no signs of cost-overruns in any of the dozens of agencies supported by this year’s $19 billion budget.
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Comptroller candidates want to bolster transparency, fiscal security

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The candidates vying to become Connecticut’s chief fiscal guardian agree more must be done to improve state government’s transparency and fiscal security. But while incumbent Kevin Lembo says the state has made considerable progress on both fronts over the past four years, his Republican challenger, Sharon McLaughlin, insists too much work remains to be done to feel good about the status quo. Continue Reading →

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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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