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State NCLB lawsuit dismissed

A federal appeals court Tuesday dismissed a lawsuit by state officials challenging the cost of a controversial federal school reform law. The U.S. 2nd Circuit Court of Appeals upheld an earlier ruling dismissing Connecticut’s complaint that the No Child Left Behind Act amounted to an unfunded mandate costing state and local taxpayers hundreds of millions […]

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Pratt, GE escalate engine battle in Congress

WASHINGTON-Two of Connecticut’s corporate giants-Pratt & Whitney and General Electric Co.-have long been at loggerheads over a multi-million dollar spending item in the federal budget: $485 million to fund an alternate engine for the F-35 Joint Strike Fighter. Pratt makes the JSF’s lead engine, while GE and Rolls Royce are jointly developing an alternative. For […]

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Foley appeals denial of injunction to Connecticut Supreme Court

Lawyers for Republican gubernatorial candidate Tom Foley filed papers this afternoon asking the Connecticut Supreme Court to block his GOP rival, Michael C. Fedele, from spending $2.18 million in public financing until a review by the high court. A Superior Court judge this morning rejected an injunction request initiated by Foley and joined by Oz […]

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Two courts hand down contradictory rulings on public financing

In a dizzying one-two punch of state and federal court decisions today, the public financing of campaigns in Connecticut was upheld, but key provisions that could affect the race for governor were invalidated. A federal appeals court ruled that the state cannot give supplemental grants triggered by an opponent’s spending, while a state judge separately denied […]

Posted inCT Viewpoints

Financial regulation bill is too big to succeed

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 is over 2,300 pages long. The Glass-Steagall Act, the landmark bank reform bill of 1933, was about 100 pages long. Less is more. Glass-Steagall gained strength from its simplicity. The 1933 Congress concluded that the combination of investment banking and commercial banking (and other […]

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Jepsen qualifies for public financing in AG’s race

Democrat George C. Jepsen announced this morning he has raised the preliminary funding necessary to qualify for a $750,000 grant from the state’s Citizens Election Program to support his bid for attorney general. The former state party chairman and former state Senate majority leader submitted records today at State Elections Enforcement Commission headquarters showing he […]

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