Will Anthony V. Avallone, Timothy D. Bates and Maurice B. Mosley be the last judges to qualify for an annual pension of $100,000 after just three-plus years of service? A freshman Democratic legislator is trying to guarantee it.
Money
Stories about Connecticut’s budget, the federal budget, jobs and employment, state investments and casinos.
Posted inMoney
Connecticut resumes tourism marketing campaign
The state will spend $3.4 million to promote Connecticut tourism ahead of the summer travel season within the state and to audiences in New York, Rhode Island and western Massachusetts, Gov. Dannel P. Malloy said Thursday.
Posted inMoney, Politics
McKinney presses Malloy to scrap rebate as revenue estimates slip
Updated, 9:19 p.m. With early analyses of state income tax returns showing receipts could fall short of budgeted levels, the top Republican in the state Senate renewed his call Wednesday for Gov. Dannel P. Malloy to scrap his controversial tax rebate plan.
Posted inMoney, Politics
Early tax returns diminish hopes for big CT budget surpluses
As the April 15 tax deadline approached, speculation at the Capitol was that tax receipts would rise. The question was, Would they grow modestly, or explode? But early tax returns have weakened hopes for any explosion, and raised the specter of something worse.
Posted inMoney, Politics
Keno’s repeal is no longer a sure bet in Connecticut
Keno, the unwanted child of Connecticut politics, vilified by gambling opponents and publicly defended by no major political figure, improbably remains alive as the General Assembly begins the last two weeks of the 2014 session.
Posted inMoney
House OKs $400M tax break for UTC expansion
Connecticut moved one step closer Thursday toward providing up to $400 million in tax breaks to United Technologies Corp. to trigger a major UTC investment in its research, training and corporate facilities.
Posted inEducation, Money, Politics
GOP budget scraps Malloy’s gimmicks, rebate — and credit for poor
Minority Republican state legislators pitched an alternative budget Thursday that weeded hundreds of millions of dollars out of gimmicks from Gov. Dannel P. Malloy’s plan and canceled the governor’s controversial rebate.
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CT Labor Department: ‘Moderate’ jobs growth has resumed
Connecticut added 4,900 non-farm jobs in March, an indication the state has resumed the moderate growth apparent at the end of 2013 and interrupted by the snows of January, the state Department of Labor reported Thursday. Unemployment was unchanged at 7 percent, ending a seven-month string of monthly decreases.
Posted inMoney, Politics
CT lawmakers take fight over Russian ‘copters to Kerry
Having had a poor response from the Pentagon, Connecticut lawmakers and others who are trying to protect local defense interests have taken their fight to end Russian military contracts to Secretary of State John Kerry.
Posted inHealth, Money
Medical fraud in CT costs feds millions of dollars
Washington – Reporters and lawyers have become the latest front in Washington’s war against medical fraud that in some way is unwinnable, even as it has resulted in the prosecution of Connecticut doctors and drug companies.
Posted inMoney
Connecticut’s plan to defend power grid from cyber attacks
Terrorists seize control of the electric grid and natural gas distribution, using only computers. It’s the stuff of Hollywood, so far. But state officials released a report Monday that reflects a growing concern that utilities must harden their defenses against cyber attacks.
Posted inEducation, Money
Hartford to host ’15 American Conference men’s basketball tourney
The University of Connecticut’s national championship men’s basketball team won’t have far to go for its conference tournament next year: Hartford’s XL Center was selected Monday to host the 2015 American Athletic Conference tourney.
Posted inMoney, Politics
Blumenthal asks Justice Dept. to investigate GM
WASHINGTON — In an escalating fight with General Motors, Sen. Richard Blumenthal joined other Democratic senators Friday in asking the Justice Department to investigate the automobile maker for allegedly delaying a recall of millions of cars that had faulty ignition switches, a defect that has been linked to 13 deaths.
Posted inMoney, Politics
Malloy challenges Boehner, Part II
Washington – Gov. Dannel Malloy is tussling with House Speaker John Boehner again, this time over long-term unemployment benefits.
Posted inMoney, Politics
For Malloy, much rides on April 15
While procrastinators hope for big refunds and scramble to beat Tuesday’s tax-filing deadline, the person with the most riding on those returns is Gov. Dannel P. Malloy.
