Budget/Economy

 
The Connecticut Mirror provides comprehensive coverage of the state and federal budgets as well as Connecticut’s economy. Find all of our stories on those topics here.

For a deeper look at Connecticut’s state budget crisis, read Keith Phaneuf’s acclaimed five-part series, “A Legacy of Debt.”
 

Recent Posts

Malloy vetoes ECS bill, declines to sign health measure

Gov. Dannel P. Malloy on Friday vetoed a bill that would have prohibited him or future governors  from cutting education-cost sharing grants to cities and towns as a means of addressing a budget shortfall that develops during the fiscal year. He also allowed a bill to become law without his signature, a first for the governor. Continue Reading →

Filed under: , , , , , ,

Wealthier students benefit from art, music over summer while poor kids miss out

More affluent kids are about twice as likely to visit a museum, art gallery, or historical site or see a play or concert over the summer, as compared with their peers from low-income families. That’s according to a new analysis released this month by the federal government, illustrating disparities in out-of-school experiences, which may be exacerbated by rising income inequality. Continue Reading →

Filed under: , , ,

Among Connecticut cities and towns, the wealthiest are the big spenders

While Connecticut’s distressed cities often are perceived as having bloated budgets, the wealthy suburbs easily outspend their urban neighbors on a per capita basis, sometimes by margins nearing two-to-one. More importantly, shrinking state aid, a lack of revenue diversity and an over-reliance on a regressive property tax system threaten to widen tremendous disparities that already exist between Connecticut’s poorest and richest communities. Second in a series. Continue Reading →

Filed under: , , , , , , ,

Already deep in debt, Connecticut struggles with extremes of wealth and income

The growing gap between Connecticut’s richest and poorest citizens, which already outstrips that in most other states, has widened dramatically since the last recession. While only the most affluent households improved their standing, the rest lost ground. How to address this inequality and a crushing state debt at the same time will be at the core of Connecticut’s political debate for years to come. First in a series. Continue Reading →

Filed under: , , , , , , ,