Once considered untouchable, the tax break available to homeowners for the interest they pay on their mortgages is now vulnerable to new limitations that are likely to have an bigger impact in Connecticut than in most of the rest of the nation. One of the oldest tax breaks, the mortgage interest deduction is designed to […]
November 28, 2012 @ 12:00 am
Malloy shrinks deficit with cuts to social services, colleges
Connecticut’s social services safety net and its public colleges and universities took the brunt Wednesday of Gov. Dannel P. Malloy’s first effort to whittle down a $363 million state budget deficit. The administration released $123 million worth of emergency cuts ordered by the governor, including nearly $70 million aimed at health care and social service […]
What exactly will the new insurance exchange offer?
A year from now, state residents will have a new marketplace for buying health insurance — think of it like a virtual store for health plans. And the policymakers at work developing the rules for the market are facing a key question about how much discretion to use in determining which health plans it will […]
A closer look at Connecticut’s higher education salaries
The Malloy administration insists that the $410,000 compensation package it awarded in 2011 to the former president of the state’s college system was competitive. “This was very moderate in comparison” to other public college systems, Mark Ojakian, the governor’s chief of staff, said recently. Robert A. Kennedy resigned as president in October after a series of […]
What brought down Kennedy and Meotti?
Gov. Malloy announcing Robert Kennedy as the college system’s president Reorganizing the state universities and community colleges may have been Gov. Dannel P. Malloy’s idea, but handpicking who would lead the merged, 100,000-student system wasn’t his call — at least not according to the legislators who crafted the merger bill. That didn’t stop the governor, […]
More People Took Trains Last Weekend
More cars were expected on the roads this past Thanksgiving compared to 2008, given a slightly better economy and lower gas prices. But, public transit ridership was up, at least in the New York Metro area. First, though, look a beautiful picture of traffic in the New York area courtesy the Associated Press: From spokeswoman […]
Connecticut was seventh in voter turnout in 2012
Connecticut had a voter turnout of 74 percent in the 2012 presidential election, ranking the state seventh in the nation, though lower than the state’s turnout of about 78 percent in 2008 and 2004. Secretary of the State Denise Merrill announced the turnout numbers today as she formally certified election results that gave Democrats a […]
Nashville group intends to buy Bristol Hospital
Bristol Hospital officials announced Wednesday that it is in the process of being acquired by Vanguard Health Systems, a Nashville-based network of for-profit hospitals. The hospital’s parent company, Bristol Hospital and Health Care Group, signed a letter of intent to be acquired by Vanguard, which owns 28 hospitals in Arizona, Illinois, Massachusetts, Michigan and Texas. […]
A New Year’s gift of higher electric bills?
If the folks who run New England’s electricity transmission grid get their way there’s a good chance you’ll be looking at higher electric bills come New Year’s. But it won’t be without a fight. Three Connecticut state agencies have joined three other New England states to protest a proposed 10 percent budget increase by ISO-New […]