Democrats lukewarm on Rell budget proposal, but vague on their own plans

Legislative leaders were lukewarm at best Tuesday in their reception of Gov. M. Jodi Rell’s latest deficit mitigation plan, but they were even vaguer about when – or even if – they would adopt any plans to erase state government’s deficit before the regular General Assembly session ends on May 5. “We’re intending to pass […]

Connecticut’s hospitals are wary of Gov. M. Jodi Rell’s plan to reinstate a 10-year-old tax on revenues, rejecting the administration’s claim that overall payments to the industry would remain constant, although individual hospitals would experience gains or losses. An official with the Connecticut Hospital Association also said that numerous spending cuts also proposed in the […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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,” […]

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 […]

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 […]