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Posted inMoney, Politics

Malloy, Democrats close on budget deal

Democratic legislative leaders and Gov. Dannel P. Malloy stood on the cusp of a deal Wednesday morning to end Connecticut’s 10-week budget impasse and avert huge cuts in municipal aid three weeks from now, sources said. But a few key issues remain unresolved. The House speaker’s optimism was evident in a Facebook post: A picture of white smoke swirling from a chimney that others called premature.

Posted inCT Viewpoints

It is time for lawmakers to get to work and fund Connecticut’s schools

As our students return to school, they know they’re beginning a year of new challenges, new ideas, and new people. Behind the scenes, however, things look a little different. Because state legislators still haven’t fixed Connecticut’s broken public school funding system, the staff at Park City Prep is going into the new school year prepared to scrape by with insufficient resources.

Posted inCT Viewpoints

‘We as legislators are failing our constituents’

Over the past few months I have had the opportunity to discuss the status of our state and the current budget crisis with many leaders and officials in our local community. It pains me to hear the drastic impact Gov. Dannel Malloy’s proposed cuts would make to some of the most fundamental aspects of our towns, particularly in the schools. Unfortunately, without a budget, the governor has the authority to continue making these unacceptable and arbitrary cuts. This is exactly why I have been demanding that the Speaker of the House call us into session for a budget vote.

Posted inEconomic Development, Money

For CT, strides and stumbles in quest to spur bioscience industry

Connecticut is losing more bioscience jobs than it is gaining, despite a sizable jump in research and development jobs over the last three years. Alexion’s departure is the latest in a line that has undercut bioscience growth. Nonetheless, many say New Haven is nearing a “critical mass” after years of effort by Yale and a new cluster is emerging in Farmington after more than $1 billion in state investment.