After lobbying for financial relief for two years, Dominion Energy was non-committal Thursday about providing financial data sought by two state agencies tasked with assessing the financial viability of its Millstone nuclear power plant.
August 17, 2017
Posted inMoney, Politics
Sales tax hike seems an ‘inevitability,’ but questions remain
Connecticut’s top state senator said Wednesday he believes moderate Democrats are “growing increasingly comfortable” with a sales tax increase that could ease pressure to slash municipal aid and help break an impasse that has left the state without a budget.
Posted inMoney
CT job totals slip by 600 in July
Connecticut lost 600 jobs in July while the state’s unemployment rate remained stable at 5 percent, the Department of Labor reported Thursday.
Posted inPolitics
Malloy scolds CT Republicans for silence on Trump
Updated at 8 p.m.
Gov. Dannel P. Malloy denounced Republicans on Thursday for suggesting they were too focused on Connecticut’s fiscal issues to repudiate President Trump’s mixed message about the hate groups that marched in Virginia last weekend and the demonstrators who opposed them.Â
Posted inEducation, Money, Politics
Speaker: Mid-September vote is last chance to avert budget disaster for towns
As municipalities brace for a massive hit in state assistance this fall, absent a new budget, House Speaker Joe Aresimowicz said Wednesday his chamber may vote on a fiscal plan next month — even if it acts alone.
Posted inCT Viewpoints
Municipal fund balances fall far short of needed financial buffer
The CT Mirror’s August 14 report on “The state of CT’s cities and towns in charts” is a detailed, reasoned analysis, consistent with the high quality of work we expect from the CT Mirror. Yet, one of the essential parts of the Mirror’s report — its analysis of municipal fund balances — falls short of presenting the most accurate and clearest understanding of this critical component of municipal finances.
Posted inCT Viewpoints
Are union concessions ‘la bancarotta fraudolenta?’
The $5 billion deficit that had opened up for the biennial fiscal year starting July 1 continues to haunt the state government and the people of Connecticut. Republicans proposed to close the budget gap largely on the basis of a restructuring of bloated public sector pay and benefits. Gov. Dannel Malloy wanted none of this. He also did not accept the contention that most of the “concessions” the state received from its unions did not require any “deal” and could have been achieved unilaterally. Significant adjustments to the catalog of the outsized benefits of our government employees are set in statute and could have been addressed legislatively.
Posted inPolitics
CT Republicans fault Trump’s mixed message on hate groups
Connecticut Republicans unequivocally denounce the torch-wielding white supremacists and neo-Nazis who marched in Charlottesville, Va., while their criticism of President Trump’s insistence he saw “blame on both sides” of the violent protests and counter-protests was more muted.