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Will S&P downgrade of US credit rating affect states?

As financial experts examine the impact of the weekend downgrade of the federal government’s credit rating, ranging from the reaction of foreign markets to the effect on mortgage rates, states also are wondering whether they will be adversely affected as well, John Gramlich says at Stateline.org. And the answer isn’t clear. Moody’s Investors Service warned […]

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Health care providers wary as ‘super committee’ tackles debt

WASHINGTON–The debt-reduction deal passed by Congress this week may have eased concerns about default, but it has ratcheted up anxiety on other fronts–particularly among health care providers. Doctors, hospitals, and others in the health care industry are deeply worried about how the agreement–in particular, a second phase of deep spending cuts to be outlined later […]

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Walmart, Dunkin’ Donuts top employers of HUSKY recipients

Walmart, Dunkin’ Donuts, Stop & Shop, McDonald’s, and the First Student transportation company employ the most workers whose families rely on the state’s HUSKY health insurance program for low-income children and their parents, according to a report by the nonpartisan Office of Legislative Research. The report identified the 25 companies with the most employees who […]

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St. Francis, Johnson Memorial to explore affiliation

The parent companies of Hartford’s St. Francis Hospital and Medical Center and Johnson Memorial Hospital in Stafford Springs are exploring an affiliation, the latest in a series of possible hospital mergers and alliances in the state. According to a statement released by the two organizations, the proposed affiliation would “help maintain an inpatient hospital presence […]

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DMV delays branch closings, layoffs, until after concession revote

The state Department of Motor Vehicles will delay planned closings of branch offices and other facilities in eight communities – and layoffs of department workers — until Aug 19 and 20 to await the results of a union concession vote that could make them unnecessary, according to a department statement released this afternoon. The announcement […]

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Political paralysis in Washington grounds work at state airport

WASHINGTON–After essentially deferring hard decisions on budget cuts, Congress went on vacation this week without resolving an impasse over reauthorization of the Federal Aviation Administration–a move that is costing the government millions in lost taxes, keeping thousands of workers off their jobs, and leaving a small Connecticut airport waiting for a safety upgrade and runway […]

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