The CT Mirror (https://ctmirror.org/category/budget-economy/page/2/)
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.”
Updated at 3:05 p.m.
The state legislature voted overwhelmingly Wednesday to take a year off from penalizing municipalities that reduce school spending in reaction to cuts in state aid, a change the governor says would affect only two communities. Continue Reading →
The top Democrat in the House of Representatives asked his Republican counterparts Tuesday to abandon their longstanding practice of issuing a GOP budget this spring. But House Minority Leader Themis Klarides, R-Derby, said Republicans won’t forfeit their option to bring their fiscal proposals directly to the public. Continue Reading →
House Speaker Joe Aresimowicz was skeptical Tuesday that the legislature would resolve any major gaming issues or the legalization of marijuana this spring. Continue Reading →
Neither of the state legislature’s budget-writing panels put forth plans last week that help to eliminate significant deficits in the current fiscal year, or for the budget that begins July 1. Continue Reading →
The state’s largest healthcare workers’ union suspended plans Friday to strike on April 18 at 250 group homes for the disabled to give state officials time to consider boosting funding for these services. Continue Reading →
The legislature’s Finance, Revenue and Bonding Committee narrowly approved a measure Thursday that could establish electronic tolling on Connecticut’s highways. But advocates conceded the bill’s fate remains very uncertain. Continue Reading →
The legislature’s Finance, Revenue and Bonding Committee approved a bill Thursday that could launch Connecticut’s own sports betting industry — provided the U.S. Supreme Court gives the green light to such activity. Continue Reading →
WASHINGTON — The National Congress of American Indians came to the support of Connecticut’s Mohegan and Mashantucket Pequot tribes Thursday, urging Interior Secretary Ryan Zinke to approve a change in their gaming compacts that would clear the way for the tribes to operate a new casino in East Windsor. Continue Reading →
A major Wall Street credit-rating agency, Moody’s Financial Services, has upgraded Hartford’s bond rating in response to a new state plan to retire the capital city’s bonded debt. Continue Reading →
For the second consecutive year, the legislature’s Appropriations Committee will not recommend a new budget before its deadline. But Democratic and Republican leaders from the House and Senate said lawmakers will continue working between now and the session’s end on May 9 to close a projected shortfall in the fiscal year that begins July 1. Continue Reading →
While avoiding any promise of windfalls, Comptroller Kevin P. Lembo pointed Monday to one positive trend as Connecticut approaches a crucial review of state income tax receipts. Continue Reading →
Acknowledging that legislators are unlikely this spring to enact their complete, multi-tiered plan to stabilize Connecticut’s finances, the leaders of a key state panel have agreed to pursue a piecemeal approach — for now. Continue Reading →
With last year’s failure to recommend a new budget still fresh in their minds, the leaders of the legislature’s Appropriations Committee were uncertain this week whether they could avoid a repeat. Continue Reading →
A new state plan to pay off nearly $550 million of Hartford’s bonded debt led some legislators Wednesday to consider reducing other forms of aid to the capital city. Continue Reading →
Though the text of the new ads from Move CT Forward — which are airing on television, radio and online — don’t specifically endorse establishing tolls and raising gasoline taxes — one of the key sponsors of this coalition is backing Gov. Dannel P. Malloy’s proposals to do both. Continue Reading →