Posted inNews

Talks over early retirement program break down

State employee unions have rejected Gov. M. Jodi Rell’s call to offer the second worker retirement incentive program in two years, according to a written statement released late tonight by the administration. But the State Employees Bargaining Agent Coalition responded that it didn’t reject anything, but rather insisted that Rell first assess how a second […]

Posted inNews

Rell proposes traditional borrowing to replace securitization: Ratepayers, energy efficiency programs still would pay.

Just two weeks after raiding the next state budget to balance the current one, Gov. M. Jodi Rell unveiled a plan this afternoon to do the reverse – and thereby replace $1.3 billion in planned securitization with nearly $1 billion in more traditional borrowing. The odd back-and-forth maneuver still would place new burdens on residents […]

Posted inNews

Foley exempts GOP from blame for fiscal crisis at forum

BRIDGEPORT – At a crowded gubernatorial forum today, Republican Tom Foley exempted the GOP from any responsibility for the state’s fiscal crisis, despite controlling the governor’s office for 16 years. Foley, the Republican front-runner, was immediately ridiculed by Democrats, who asked why he was running for an office he saw as powerless compared to a […]