Republican gubernatorial contenders seized on a cautionary note from a bond rating agency this week about Connecticut’s credit card, calling it Wall Street’s response to new criticisms of the state’s finances. The problem, though, is the note released by Fitch Ratings Service isn’t new.
John P. McKinney
Posted inMoney, Politics
Commission OK’s borrowing for Sandy Hook and housing, for people and bears
The state Bond Commission approved nearly $250 million in borrowing Friday to help finance a new Sandy Hook Elementary School and a wide array of other bricks-and-mortar projects, including a $30 million parking garage, improvements to theaters, and a home for Andean bears.
Posted inMoney
Senate GOP leader: stop giving governor blank checks for businesses
The Senate voted Wednesday night to increase the amount of money the governor can use to induce out-of-state companies to relocate here or to keep them from leaving the state– a move that infuriates Senate Minority Leader John McKinney.