Posted inCT Viewpoints

Be careful what you ask for. NPV compact has unintended consequences

Once again, we have an election where it is alleged that the losing candidate won the popular vote. Understandably we have calls from her supporters to abolish the Electoral College by means of the National Popular Vote Compact. Once again, we must articulate to our friends why this is a bad idea. Once again, we point out to most of those that support the Electoral College that they support it primarily for the wrong reasons.

Posted inMoney, Politics

Debt costs, shrinking revenues taking big toll on next CT budget

Surging debt costs and shrinking revenues alone will force state officials to cut $1.1 billion to $1.3 billion out of the next state budget to avoid tax hikes, according to separate analyses Tuesday from two fiscal agencies. But the two reports probably still don’t reflect the full cuts to discretionary programs that would be required to stave off tax hikes.

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