The new state watchdog panel charged with safeguarding hundreds of millions of dollars worth of annual contract awards is stuck at the starting line awaiting a final appointment from Gov. M. Jodi Rell. The Contracting Standards Board, which was supposed to have started work on Jan. 1, still is waiting for an executive director, which […]
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Rell’s latest budget plan includes new tax, “raid” on next year’s revenues
After repeatedly declaring that more taxes won’t solve the state’s budget problems, Gov. M. Jodi Rell Monday proposed reinstating a tax on hospital earnings as well as raiding the next fiscal year’s revenues as part of a plan to close a half-billion-dollar budget shortfall. Rell’s second deficit mitigation plan of 2009-2010 would strip nearly $220 […]
Blumenthal, Alpert meet in Democratic Senate debate: Is “incrementalism” a four-letter word?
At a televised U.S. Senate debate Monday night, Merrick Alpert took the stage as an underdog trying to hook Democratic primary voters with calls for universal health care, diplomatic relations with Cuba and the U.S. withdrawal from Afghanistan. Attorney General Richard Blumenthal, already ordained by pollsters and party regulars as the Democratic candidate-in-waiting, responded with […]
Towns ask Appropriations Committee for help in fiscal crisis
Town leaders told the Appropriations Committee today that the state is making it difficult for them to function because town aid is flat funded and towns are limited to levying a tax only on property. “Local cost cutting alone cannot counteract the state funding. Connecticut is one of only 15 states that handcuffs municipalities to […]
Connecticut joins effort to increase college graduation rates
Connecticut has joined 16 other states in a national alliance to reverse a discouraging downward trend in the percentage of young people earning college degrees, Gov. M. Jodi Rell announced today. The states have joined Complete College America, a Washington, D.C.-based nonprofit organization that will assist states in setting goals for graduation rates, monitoring progress, […]
Casino leaders: Keno violates contract
Officials from Connecticut’s two casinos testified today that if the state allows Keno gambling it will be in violation of its revenue-sharing compact with the Indian tribes that run the casinos. The state receives almost $400 million a year from the slot machines at Foxwoods and Mohegan Sun casinos. Jackson King, counsel for Foxwoods, said […]
Another blow for campaign reform
Gov. M. Jodi Rell’s latest deficit-mitigation plan would take $12 million from the Citizens’ Election Program, possibly leaving the system of publicly financing campaigns with insufficient funds for the 2010 elections, advocates said Tuesday. Surprised legislators said Rell’s proposal to take money from the fund undermines efforts by an administration-led working group to formulate changes […]
Keno: A gamble for state in more ways than one
With the state facing billions in deficits in coming years, lawmakers are warming to the idea of a new revenue stream: Keno gambling. “We are in tough economic times and let’s face it, there’s a number of people who have trouble not voting for things that cost money,” said Rep. Stephen D. Dargan, D-West Haven. […]
Educators face tough decisions as hard times linger
As enrollment hit record lows at Stamford’s state-operated Wright Technical High School last year, and per-student costs soared to $27,000, state education officials decided they had run out of options. Facing a deep recession and intense pressure to slash budgets, they shut down the troubled school. But the closing unleashed a wave of anger, including […]
House speaker is a budget optimist despite dismal economic forecasts
Economists say Connecticut will continue to lose jobs for another two years. His own analysts are predicting that the next governor and legislature will face a $3.8 billion deficit, an astonishing 20 percent hole in the state budget. But House Speaker Christopher G. Donovan is bullish on Connecticut’s economy. In speeches to skeptical business groups […]
State budget deficit inches higher
At least things haven’t gotten much worse. State Comptroller Nancy Wyman reported Monday that the state budget deficit for this fiscal year has inched downward by $3.4 million over the past month, reaching $518.4 million. The $18.64 billion budget, which has been plagued by monthly deficit forecasts close to $500 million since October, continues to […]
Bipartisan effort to regulate banks’ handling of foreclosures
Frustration with how big banks handle foreclosures has united Democrats and Republicans behind a bill intended to force financial institutions to work with mortgage holders. Banks frequently fail to designate a contact person on foreclosures, leaving homeowners to repeatedly begin the process of working out their troubled loans, legislators said. “This is a much-needed measure,” […]
Rell would strip next budget to balance this one
Gov. M. Jodi Rell proposed stripping nearly $220 million in revenue from the next state budget Monday to help close a $500 million-plus shortfall in the current one. But the $18.93 billion budget approved last fall for 2010-11 has a $726 million deficit of its own, according to legislative analysts. And though the governor’s proposal […]
Democratic jobs bill targets bonuses, but legality, effectiveness questioned
A bill backed by 19 Senate Democrats would tap “excessive” executive bonuses to support job creation in the state, backers told a legislative committee Monday. But critics, including legislative Republicans and the business community, said there are significant constitutional questions about the measure, and the added tax would drive businesses out of state. “Do not […]
From millionaires to lottery players, everybody’s a revenue target when the state is in the red
Fed up with telemarketing calls? The next one could help Connecticut pay its bills. Looking to buy a used gun? The state might get in the business of selling weapons seized by the police. And if you’re not paying your fair share of taxes-at least in the state’s view-lots of folks in Hartford are thinking […]