Budget/Economy

Recent Posts

A unanimous House votes for oversight bill vetoed last year

Connecticut’s legislators acted Wednesday for the second time in two years to require independent oversight of the millions of dollars in grants, loans, tax credits and other economic incentives extended to business, often a political flashpoint as states compete to attract and keep jobs. Continue Reading →

Filed under: , , , ,

GOP House, Senate divided over budget politics, tactics

House and Senate Republicans parted ways Tuesday, at least temporarily, over how to frame the GOP’s approach to resolving the mammoth deficit looming over the next state budget. Should they match Democrats in releasing their alternative? Or release nothing until Republicans and Democrats see each other’s plans? Continue Reading →

Filed under: , , , , ,

Malloy would cut local aid deeply to offset eroding CT tax receipts

Gov. Dannel P. Malloy has recommended more than $700 million in cuts to municipal aid to help compensate for a $1.5 billion projected decline in state income tax receipts over the next two years. Continue Reading →

Filed under: , , , , , , ,