The CT Mirror (https://ctmirror.org/tag/cbia/)
The Connecticut Insurance Department now has 30 days to decide whether to approve CVS Health Corp.’s acquisition of Hartford-based Aetna Inc. – a merger the companies say will drive down health care costs and opponents portray as anti-competitive and harmful to patients. Continue Reading →
While most Connecticut businesses are optimistic the nation’s economy will grow over the next year, a new survey has found many have broad anxiety about the state’s economic future. Continue Reading →
Connecticut’s largest business trade group is stepping away from the aggressive role it played two years ago in the fight for control of the General Assembly: Instead of trying to influence legislative elections with independent expenditures this fall, it will spend $600,000 on advertising to shape a pro-business agenda in January. Continue Reading →
With only two weeks left in the legislative session, a Democratic lawmaker and the state comptroller are feverishly working to bring to the House floor proposed legislation that is considered Connecticut’s most comprehensive effort so far to control high prescription drug costs. Continue Reading →
Connecticut’s business leaders offered much praise but were more cautious with their support when it came to the recommendations of the state’s Commission on Fiscal Stability and Economic Growth. Continue Reading →
Slid into last year’s budget during final negotiations was a provision that limits the Department of Energy and Environmental Protection to 90 days to either approve or deny a laundry list of nearly four-dozen permits. If DEEP doesn’t take action, the permit automatically goes into effect. DEEP calls the sneak change “awful public policy,” and the fight is on. Continue Reading →
A vice president and economist with the Connecticut Business and Industry Association, Peter Gioia has spent the past 18 years with the state’s chief business lobby, managing its research department and tracking Connecticut’s economy through a quarterly survey. In this week’s Sunday Conversation he talks about the recently approved, bipartisan state budget; the long struggle to adopt it, and its impact on Connecticut’s business community. Continue Reading →
While the new state budget promises an array of tax cuts two and three years from now, it also leaves the next governor and legislature to close a $4.6 billion projected shortfall — far larger than the deficit lawmakers addressed in the current plan. Continue Reading →
WASHINGTON — President Trump has embraced a bill that would drastically cut legal immigration to the United States, but it has drawn criticism from labor, business and immigrant advocates who say it would hurt Connecticut’s economy. The legislation has little chance of congressional approval, but has opened a new front in the debate over immigration. Continue Reading →
Connecticut businesses can afford — and should pay — higher taxes to support investments in education, health care and other priorities to grow the economy and preserve quality of life, a report sponsored by the state’s biggest labor group urged Wednesday. Continue Reading →
A new study issued this month by the Council on State Taxation concludes Connecticut actually is tied for the most favorable business climate — if one considers not just the cost of doing business, but the potential for earning big profits here. But it warns against interpreting that to mean that Connecticut is a low-tax environment overall. Continue Reading →
The three-year update to Connecticut’s Comprehensive Energy Strategy, underway now, faces dramatically changed energy, environmental and political landscapes that raise questions about whether the first strategy, with its focus on natural gas, may have partially wasted the last three years. Continue Reading →
WASHINGTON — GOP plans to repeal the Affordable Care Act would affect individuals who’ve been purchasing their coverage on state exchanges or through the expansion of Medicaid the most, but some who receive their health care from their employers are also likely to be affected. Continue Reading →
Joe Crisco’s name was on a campaign billboard in his hometown of Woodbridge. His lawn signs dotted the seven towns in his state Senate district to the west and north of New Haven. His flyers arrived in the mail, same as every other race the Democrat has run since 1992. You just couldn’t find him on your computer or smartphone. Continue Reading →
Connecticut’s municipal, business and labor leaders will convene their second annual fall summit next month to develop strategies to bolster the state’s economic future. Continue Reading →