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

Feds providing CT schools with money for new students from Puerto Rico

WASHINGTON — After months of fighting over aid to last summer’s hurricane-hit communities, Congress finally approved a compromise budget bill earlier this month that will provide millions of dollars to help schools care for displaced students. Continue Reading →

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CT DOT pitches ‘astounding,’ cheaper plan to break I-95 gridlock

Connecticut could implement a “strategic and incremental” widening of Interstate 95 to relieve congestion along the state’s shoreline without having to take huge swaths of private property by eminent domain, a game-changer for breaking gridlock in Fairfield County, Gov. Dannel P. Malloy said Thursday. Continue Reading →

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Linda McMahon in Washington, re-imagining the SBA

WASHINGTON – Linda McMahon, the highest-ranking member of the Trump administration from Connecticut, has had a trial-by-fire first year as head of the Small Business Administration. In this Sunday Conversation, she spoke with The Connecticut Mirror about her year as part of the Trump cabinet. Continue Reading →

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Speaker: Legislature should turn transportation over to a new authority

After failing for years to properly invest in highways, rail and bridges, the legislature should relinquish oversight to a transportation authority immune from the pressure of election-year politics, House Speaker Joe Aresimowicz said Wednesday. Continue Reading →

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Lawmakers urge reversing clean-energy cuts, but lack budget fix

A coalition of legislators and energy-efficiency advocates pledged Tuesday to work to restore at least some of the roughly $175 million stripped from green programs in the new two-year state budget. But none identified offsetting spending cuts or revenue increases. Continue Reading →

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Advocates for marijuana sales point to big economic boost

Advocates for legalizing recreational marijuana use in Connecticut — and taxing its sales — are hoping a holistic, economic argument will win the day this year. Supporters say the potential to bolster the state’s tourism industry, create jobs, and even encourage young professionals to locate here, should attract votes for an issue that couldn’t get a vote in the House or Senate in 2017. Continue Reading →

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Trump budget calls for huge increases in CT-made subs, ‘copters

WASHINGTON — President Donald Trump’s new budget would dramatically boost spending on the Virginia-class and Columbia-class submarines built by Electric Boat in Connecticut and sharply increase the Pentagon’s purchase of Sikorsky helicopters in the next federal fiscal year. While those increases may be approved by Congress, much of Trump’s budget was considered DOA. Continue Reading →

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CT Dems pan Trump infrastructure plan

WASINGTON – President Donald Trump rolled out his long-awaited infrastructure plan on Monday, which was quickly panned by Connecticut’s Democratic lawmakers, who are backing a rival proposal. Both plans face major challenges on the road to becoming reality. Continue Reading →

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CT will use ammo from ‘red’ states to fight IRS over tax plan

WASHINGTON — Connecticut’s bid to do an end run around the limits on the deductibility of state and local taxes under the new federal law is likely to engender a new clash with the Trump administration, but it’s also based on precedent and law. Continue Reading →

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Budget deal has plenty for Connecticut

WASHINGTON – In rare bipartisan agreement, Congress on Friday approved a massive budget deal that will increase federal spending in Connecticut, providing big boosts for the state’s defense industry and health care programs and even helping schools educate displaced students from Puerto Rico. Every member of Connecticut’s congressional delegation, all Democrats, voted for the package. Continue Reading →

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