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Posted inCT Viewpoints

Casualties of Connecticut’s new budget: hospital services, access, and jobs

The new state budget is not finalized, yet the effect of taxing and underfunding hospitals is already being felt in the starkest terms: people are losing access to care, services, and jobs. This past week alone saw the announcements of clinic closings and hundreds of layoffs. If legislators do not restore much-needed funding to hospitals in the special session during the last week of June, hospitals will have to make additional painful choices. We can’t let this happen.

Posted inMoney

UConn think tank predicts state’s economy will flourish in 2015

After growing modestly over the past three years, the state’s economy is ready to shift into high gear in 2015, according to a report Wednesday from the University of Connecticut’s economic think tank. And while the director of the Connecticut Center for Economic Analysis says the 8.1 percent growth projected for 2015 probably is too good to be true, achieving even most of that would allow the state to far outstrip the national economy.

Posted inMoney, Politics

Expert has idea that could lessen federal taxes for CT taxpayers

Connecticut’s low- and middle-income households could pay tens of millions of dollars less in federal taxes each year while state officials simultaneously gain access to a wealth of new economic data. But for that to happen, according to one of the state’s leading economists, Connecticut officials first take a fiscal leap of faith – and repeal arguably the state’s most popular tax break.