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Rell administration forecasts $45M budget deficit for this year

State government’s finances remain in modest deficit two-and-a-half months into the new fiscal year, according to Gov. M. Jodi Rell’s budget office, which reported a $45.3 million shortfall on Monday. The new deficit, which is improved slightly from the $63.4 million gap reported one month ago, is due largely to the same problems being tracked […]

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Working Families backs Malloy, appeals to unaffiliated voters

Democratic gubernatorial candidate Dan Malloy today accepted the endorsement of the Working Families Party, a labor ally that tries to draw disaffected unaffiliated voters to the polls. In a year when some Republicans are harnessing the angry energy of the Tea Party movement, Democrats say the Working Families Party might be a counter-balance on the […]

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Study: To fix economy, invest in roads and schools, not tax breaks

While a new academic study finds that New England states can best grow their economies by choosing infrastructure and education investments over business tax breaks, Connecticut’s gubernatorial candidates say it could take a mix to revitalize the state. The report, written by a research professor at the University of Massachusetts Political Economy Research Institute, concluded […]

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