Posted inNews

Transportation fund pays the price for failed concession deal

The state’s transportation system is the latest fiscal casualty as Gov. Dannel P. Malloy and the legislature scramble to replace savings that were supposed to come from employee givebacks. Originally poised to receive more than $78 million in additional aid from the General Fund this fiscal year, the Special Transportation Fund lost that fiscal boost […]

Posted inNews

Malloy promises millions as CIGNA makes Bloomfield its HQ

BLOOMFIELD — Amid a backdrop of dreary economic news, Gov. Dannel P. Malloy today announced a “performance-based” economic-development package worth between $47 million and $71 million to grow and retain jobs at CIGNA Corp. as the health insurer declared Connecticut its corporate home. “Our corporate headquarters, effective today, is Bloomfield, Conn.,” said David Cordani, the […]

Posted inNews

Without union concessions, big consolidations yield small savings

The challenge of reducing state government operating costs without wage and benefit concessions was underscored in a new, nonpartisan report showing a reduction of nearly 30 percent in the number of government agencies will save less than 1/20th of 1 percent of this year’s overall budget. In its initial summary of the $40.54 billion biennial […]

Posted inHealth, Money

Medicare board under political microscope in the House

How to curb health care costs in the Medicare program? One solution, included in the federal health reform law, is the Independent Payment Advisory Board, a controversial federal panel established to make some of the tough decisions Congress has shied away from. But even as Medicare is a hot topic in Washington’s budget-and-deficit talks, opposition […]

Posted inMoney

Super-PACs and dark money: A guide to the new world of campaign finance

Get ready for yet another “most expensive election in history,” Kim Barker and Marian Wang say at ProPublica–this one fueled with massive amounts of money coming from “more players with more opportunities to hide the source.” Encouraged by recent court decisions, Republicans and Democrats both have been raising vast sums from wealthy donors freed from […]

Gift this article