Gov. Ned Lamont expects to appoint a new state comptroller soon — one that won’t run for election in 2022.
Keith M. Phaneuf and Mark Pazniokas
Posted inMoney
Lembo joins dissent over Malloy’s emergency budget cuts
State Comptroller Kevin P. Lembo distanced himself Thursday from Gov. Dannel P. Malloy, calling his fellow Democrat’s emergency budget cuts premature and warning they could harm the state’s economy. A top administration official shot back, “We are making those tough decisions when we must, not shirking our responsibilities for political convenience.”
Posted inMoney, Politics
Last CT jobs report before election shows big gains
The last jobs report before Election Day showed Monday that Connecticut’s unemployment rate dropped in September to its lowest rate in six years, 6.4 percent.
Posted inPolitics
Sharkey’s property tax compromise dies in the Senate
House Speaker J. Brendan Sharkey, D-Hamden, made a last-ditch effort Wednesday to pass a compromise version of his bill to limit the property-tax exemption for non-profit institutions, but it died amid an ice-cold reception from senators and red-hot opposition from colleges.
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 inNews
Prolonged federal shutdown could damage Connecticut’s fragile economic recovery
As the federal government stood at the brink of a shutdown, state and business leaders were most wary Monday of a prolonged stoppage. Though many of the 9,000 federal employees residing in Connecticut could be furloughed shortly after the new fiscal year begins Tuesday, a potential lag in billions in federal dollars earmarked for the […]
Posted inNews
Malloy defends budget deal, jabs at GOP
Gov. Dannel P. Malloy came out strong Tuesday in his defense of a tentative budget agreement, framing the deal struck Friday as balanced, constitutionally sound and free of new taxes. The Democratic governor rebutted his GOP gubernatorial rivals in the legislature, saying those who accuse him of crafting a gimmick-laden budget are “trying to score […]