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.”
The leaders of the state Commission on Fiscal Stability and Economic Competitiveness are working now so their plan to fix Connecticut’s finances will be reconsidered after the November elections. Continue Reading →
While the overall health care system in one of the nation’s wealthiest states ranks high, hundreds of thousands of low- and middle-income residents are struggling to afford coverage or seeing their earnings gobbled up by a system with outcomes as disparate as income is in Connecticut. Continue Reading →
Ned Lamont, Bob Stefanowski and Oz Griebel rarely see eye-to-eye. But when it comes to weighing bailouts for distressed municipalities, Connecticut’s gubernatorial contenders share far more in common than not. Continue Reading →
Independent gubernatorial candidate Oz Griebel says his proposal to defer pension contributions to avert a post-election state budget deficit is a risk, but not as extreme as maintaining state government’s fiscal status quo. Continue Reading →
State Comptroller Kevin P. Lembo agreed Monday with Gov. Dannel P. Malloy’s administration that Connecticut could be poised to bolster its budget reserves significantly for a second consecutive year. Continue Reading →
Here are the contenders, in chronological order, for the largest state tax hike of the past three decades. Continue Reading →
Democratic gubernatorial nominee Ned Lamont pledged to enhance services along the Hartford-to-New Haven rail line, but neither Lamont nor GOP rival Bob Stefanowski have pledged support for sufficient revenues to finance a major rebuild of Connecticut’s transportation infrastructure. Continue Reading →
Gov. Dannel P. Malloy may be enjoying more economic good fortune during his last year in office than he did in the first seven years combined. State income tax receipts tied to Wall Street continue to surge, potentially leaving Connecticut with $2 billion in reserves 12 months from now. Continue Reading →
Gov. Dannel P. Malloy, keenly aware of the unwelcome role his record is playing in the campaign to succeed him, spent one of his final State Bond Commission meetings Thursday defending state borrowing made during his tenure to promote economic development statewide and help Connecticut’s struggling capital city. Continue Reading →
Democratic gubernatorial nominee Ned Lamont unveiled a jobs plan Wednesday centered on three business tax cuts — and a previously disclosed middle-class income tax break — none of which he could provide without solving a much-larger state budget deficit. Continue Reading →
Ben Barnes, who has overseen Connecticut’s budget as the secretary of the Office of Policy and Management from the first days of Gov. Dannel P. Malloy’s administration, is on a short list of candidates interviewed for the vacant post of chief financial officer at the state’s system of community colleges and regional universities. Continue Reading →
While past governors legislatures and governors get much of the blame for Connecticut’s massive pension debt, a new analysis says politically appointed oversight boards should share the heat both here and in other states. Continue Reading →
The Connecticut Conference of Municipalities challenged candidates for state office Monday to address more than 1,300 mandates placed on city and town budgets. Continue Reading →
Independent gubernatorial candidate Oz Griebel, who has struggled to attract financial and political support, told reporters Thursday that he would empty the Rainy Day Fund and suspend contributions to the state’s underfunded pension system to help close a huge, post-election state budget deficit. Continue Reading →
With big budget deficits looming large, Connecticut’s next governor will be hard pressed to deliver a package of tax cuts legislators already have approved and scheduled to begin after the November election. Continue Reading →