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Connecticut will need an emergency federal loan soon to bolster its unemployment program, which could mean higher taxes for businesses.
State income tax receipts collected since the July 15 filing deadline continue to rise, bolstering Connecticut's rainy day fund.
Connecticut’s recent economic gains could soon slip away without more federal aid, Comptroller Kevin P. Lembo says.
About 9.4% of the mortgages held by homeowners in the state were delinquent at the end of June.
Anticipating electric demand before and during the COVID-19 pandemic has resulted in an unwelcome surprise: massive jumps on electric bills.
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Gilead, a biblical land rich in spices, balm, and myrrh, is a common allusion in literature. It is on the river Jordan, and is famed far and wide for the aromatic balsam produced there that soothes and heals. Our home state of Connecticut is often viewed similarly, as a bucolic place of peace and comfort. Yet here, in Connecticut, instead of healing and protecting, we are deliberately jeopardizing our young and putting our teachers in peril, all because our governor and his cronies are pushing to reopen schools in person.
Calls are coming from all quarters for an investigation of Eversource and how badly prepared the company was for Tropical Storm Isaias. The loudest outcry comes from Gov. Ned Lamont and officials of the Public Utility Regulatory Agency (PURA). As the governor and PURA regulators thump their chests in outrage, I want to ask: didn’t Eversource apprise them of their preparations, or lack thereof, in pre-storm meetings? Oh, wait. There weren’t any pre-Isaias meetings, were there?
While debating a long overdue relief bill, a choice has been presented between preventing a catastrophic wave of evictions and housing those who are already experiencing homelessness. This is a false and harmful choice.
In general, legislators, advocates, government officials, and others tend to agree in theory that affordable housing is important when it comes to supporting our state’s most vulnerable, spurring economic development, and diversifying our towns and cities. However, the exact methodology by which Connecticut could implement meaningful reform is often a point of great contention.
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