Posted inMoney, Politics

Malloy promises $155 million in tax relief

Derby – Gov. Dannel P. Malloy said Thursday he would use the $506 million projected surplus to beef up the state’s fiscal reserves, pay down pension obligations and provide modest tax relief.

Malloy, a first-term Democrat facing re-election this year, chose a blue-collar, Naugatuck Valley community to announce that if legislators approve his plan, the state would be sending out checks of $55 to single filers and $110 to couples.

Posted inPolitics

Metro-North, MTA sought delay of federal safety rules

Washington – Crisis-plagued Metro-North and its parent company sought to delay and weaken proposed federal safety measures that could have helped prevent some of the accidents the rail company suffered in the past year. Less than two weeks before a foreman was killed by a train, Metro-North pressed the Federal Railroad Administration to delay a safety rule requiring trains to slow to 25 miles per hour when passing a work site.