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CT Mirror

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Connecticut's Nonprofit Journalism.

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Keith M. Phaneuf

Keith has spent most of his 31 years as a reporter specializing in state government finances, analyzing such topics as income tax equity, waste in government and the complex funding systems behind Connecticut’s transportation and social services networks. He has been the state finances reporter at CT Mirror since it launched in 2010. Prior to joining CT Mirror Keith was State Capitol bureau chief for The Journal Inquirer of Manchester, a reporter for the Day of New London, and a former contributing writer to The New York Times. Keith is a graduate of and a former journalism instructor at the University of Connecticut.

kphaneuf@ctmirror.org
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Posted inMoney, Politics

CT budget battle heats up as Lamont offers rosy financial picture

Avatar photo by Keith M. Phaneuf April 27, 2023 @ 8:00 amApril 27, 2023 @ 10:21 am

After the Lamont administration painted an overly rosy image of state funding, stakeholders want Lamont to have a reality check of his own.

Posted inMoney

CT universities could face 650 layoffs, big tuition hikes

Avatar photo by Keith M. Phaneuf April 24, 2023 @ 5:00 amMay 2, 2023 @ 11:14 pm

The budget the Appropriations Committee endorsed for 2023-24 falls $109 million short of the cost needed to maintain current services.

Posted inMoney

CT legislative leaders and Lamont are gridlocked on spending cap

Avatar photoAvatar photo by Keith M. Phaneuf and Erica E. Phillips April 20, 2023 @ 4:32 pmApril 20, 2023 @ 4:32 pm

A day after CT legislative leaders said budget proposals were underfunding core services, Gov. Ned Lamont insisted they make tough choices.

Posted inMoney

CT income tax rate cut OK’d by finance committee

Avatar photo by Keith M. Phaneuf April 19, 2023 @ 9:04 pmApril 20, 2023 @ 12:44 pm

The CT legislature’s Finance Committee OK’d the first income tax rate cuts since the mid-1990s, setting the stage for more negotiations.

Posted inMoney

CT may need to work around budget cap, top lawmakers hint

Avatar photo by Keith M. Phaneuf April 19, 2023 @ 4:52 pmApril 19, 2023 @ 6:28 pm

One day after legislators unveiled a budget limited by the spending cap, leaders insisted officials must do more for core services.

Posted inMoney

‘Fiscal guardrails’ steer legislators to lean budget despite surplus

Avatar photo by Keith M. Phaneuf April 18, 2023 @ 4:50 pmApril 18, 2023 @ 6:59 pm

The CT Appropriations Committee pitched a $51 billion budget that offers lean growth for education, social services and health care.

Posted inMoney

Spending cap expected to force CT panel to endorse lean budget

Avatar photo by Keith M. Phaneuf April 17, 2023 @ 7:10 amApril 18, 2023 @ 2:57 pm

Despite record-setting reserves in CT, the Appropriations Committee is expected to recommend lean spending for the next two fiscal years.

Posted inMoney

CT income tax exemption for retirement earnings could expand

Avatar photo by Keith M. Phaneuf April 14, 2023 @ 3:38 pmApril 14, 2023 @ 3:38 pm

The state tax committee has crafted a compromise that would exempt more middle-income retirees from paying taxes on pensions and annuities.

Posted inMoney

CT income tax cut now might not include some benefits for wealthy

Avatar photo by Keith M. Phaneuf April 14, 2023 @ 5:00 amApril 14, 2023 @ 9:17 am

The bill would reduce the lowest tax rates as Lamont proposed, but it would gradually phase out much of the proposed relief for the rich.

Posted inMoney

Baby Bonds gridlock threatens Democratic unity on next CT budget

Avatar photo by Keith M. Phaneuf April 13, 2023 @ 5:00 amApril 12, 2023 @ 9:26 pm

State treasurer Erick Russell hopes to rescue from political limbo a program advocates call crucial to stemming CT’s economic inequality.

Posted inMoney

Pandemic bonuses for CT private sector need one final cash boost

Avatar photo by Keith M. Phaneuf April 4, 2023 @ 12:00 pmApril 5, 2023 @ 3:30 pm

Connecticut panel to consider $4 million transfer on Thursday to fund outstanding payments for workers in Premium Pay Program.

Posted inMoney

Lamont budget chief: Proposed cut makes tax system fairer

Avatar photo by Keith M. Phaneuf April 3, 2023 @ 4:05 pmApril 3, 2023 @ 4:05 pm

Jeffrey Beckham said the tax-cutting plan would primarily benefit the middle class, but progressives say CT can do more for poorer families.

Posted inMoney

CT hasn’t spent millions budgeted for health care, human services

Avatar photo by Keith M. Phaneuf March 31, 2023 @ 11:00 amMarch 31, 2023 @ 10:14 am

CT legislators and labor are asking if the administration is making progress fixing a staffing crisis and responding to health care needs.

Posted inMoney

CT budget panel approves essential worker relief for state employees

Avatar photo by Keith M. Phaneuf March 30, 2023 @ 5:43 pmMarch 31, 2023 @ 11:52 am

CT legislators endorsed nearly $50 million in pandemic bonuses for state workers, but Republicans want more hero pay for the private sector.

Posted inMoney

Legislators wary of extending CT income tax cut to the richest

Avatar photo by Keith M. Phaneuf March 22, 2023 @ 5:00 amMarch 22, 2023 @ 11:20 am

The Lamont administration’s plan to cut CT income taxes is still alive, but both Republican and Democratic lawmakers fear going too far.

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