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Chamber leaders oppose health insurance mandates

Chamber of commerce leaders are calling on the legislature to reject the 15 different bills that mandate increased health insurance coverage for various medical conditions. “We need a moratorium on new health care mandates,” said JoAnne Ryan, president of Northwest Connecticut’s Chamber of Commerce. Chamber leaders say the costs imposed on insurance companies will be […]

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Finance panel to securitize electric bills, declines Keno option

The legislature’s Finance, Revenue and Bonding Committee is expected to approve selling future revenues tied to monthly electric bills for pennies on the dollar to provide $1.3 billion to help balance next fiscal year’s budget, sources said this afternoon. The committee, which began meeting 10 minutes ago, also will not back an alternative securitization plan, […]

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Lawmakers cut some of their projects, and some of the governor’s as well

The legislature’s bonding panel offered its own plan Monday to keep state government under its credit limit. But while the Finance, Revenue and Bonding Committee recommended canceling more than 180 projects previously approved for funding – including dozens of community and regional projects in lawmakers’ home districts – it also targeted millions in economic development […]

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Reform bill may mean federal aid for state health-care program

Passage of national health care reform apparently has ended a long-running stalemate between the legislature and the Rell administration over seeking federal reimbursement for a state-funded health care program. Three times over the last seven years, the legislature has directed the state Department of Social Services to apply for millions of dollars in federal matching […]

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Bonus tax moves ahead despite uncertainty

Despite last-minute uncertainty over whether taxing “excessive” executive bonuses will raise enough money to pay for the Democrats’ jobs plan, the legislature’s finance committee overwhelmingly voted in favor of the bill Thursday. The bill exempts 48,000 small businesses in the state from the $250 annual business entity tax, a move that will cost the state […]

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Race to the Top: Reform bills approved by committee

A key legislative committee Thursday approved several major education bills designed to reshape Connecticut’s public schools and improve the state’s chances to win millions of dollars in federal school reform money. The General Assembly’s Appropriations Committee approved bills that would expand high school graduation requirements, remove enrollment limits on charter schools, link teacher evaluations to […]

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Public schools confronting ‘catastrophic’ budget problems–and fearing harder times are yet to come

In Norwich, as in other cash-strapped public school districts, spring is the mean season. Trying to balance its budget, the district has decided to cut out middle school sports, foreign language classes and an instrumental music program. It will end some after-school bus routes. Officials are considering closing an elementary school. And nearly a quarter […]

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