Posted inMoney

CT lawmakers vote against funding bill they say falls short

WASHINGTON — With the clock ticking toward a government shutdown, the U.S. House and Senate on Thursday approved a short-term spending bill  that may give temporary relief to thousands of Connecticut families who have been notified that health coverage for their children will soon end. But Connecticut’s lawmakers voted against the bill because it fails to provide relief from deportation for immigrant youth or long-term funding for the Children’s Health Insurance Program or community health center grants.

Posted inMoney, Politics

Tax bill glitch endangers future of Newman’s Own and actor’s foundation

WASHINGTON — The Westport-based Newman’s Own Foundation was on the verge of securing a provision in the federal tax overhaul that would have spared it from an unusual 200 percent tax hike it is facing, when the Senate parliamentarian forced lawmakers to strip it out of the massive bill. That decision could result in the sale of late actor Paul Newman’s food company and significantly damage the foundation’s ability to continue to fund charities.