budget deficit

Recent Posts

CT among highest states in Pentagon per-capita spending

WASHINGTON –  Pentagon spending on contracts in 2015 was $2,504 for every man, woman and child in Connecticut, more per person than in any other place except Virginia and the District of Columbia, according to a recently released report by the Pew Charitable Trusts. But a key lawmaker warned Thursday that lean years are coming for the Pentagon’s budget. Continue Reading →

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Trump names Kudlow to top White House economic job

Television economic commentator Larry Kudlow, who lives in Redding, said he had just finished playing tennis Sunday when he received a phone call from President Donald Trump, the first of a number of 30- or 40-minute calls that led to Kudlow’s appointment as Trump’s chief economics adviser. Continue Reading →

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Lembo: Time to fix worsening state budget deficit is now

State Comptroller Kevin P. Lembo agreed Wednesday with nonpartisan analysts that the budget deficit is worse than Gov. Dannel P. Malloy administration is projecting. But while Lembo also urged the governor and legislature “proceed without delay” to reduce the shortfall, his $172.8 million deficit forecast falls just short of the level that would compel the governor to prepare a deficit-mitigation plan.
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Deficit 2015: McKinney’s solution lies with ‘ignored’ ideas

John P. McKinney

This is Part One in a weekly series focusing on Connecticut’s five gubernatorial candidates and their respective plans for reinvigorating the state’s economy and closing a  $1.4 billion budget deficit projected for after the election. Part One features an interview with Republican John P. McKinney. Continue Reading →

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