labor concessions

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Malloy warns of need for concessions, smaller government, new aid formulas

Gov. Dannel P. Malloy set the stage Wednesday in his 2017 State of the State address for a protracted and difficult debate on how to further shrink state government, extract more concessions from unions on pension and health benefits, and better focus a smaller pool of state aid for education to the systems most in need. Any one would be difficult. Continue Reading →

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Bipartisan budget talks place pressure on GOP to find solutions

The most vocal critics of Gov. Dannel P. Malloy’s handling of the state finances, Republican legislative leaders, will find things harder this month as they shift from commenting on the deficit-plagued budget to balancing it. Sen. Len Fasano and Rep. Themis Klarides will find it particularly difficult to both oppose tax hikes and shield hospitals and social services from cuts if the leaders try to stabilize finances long-term.
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CT staring at another $1B deficit after next state election

Since Gov. Dannel P. Malloy’s administration announced state income tax receipts were lagging due to weak stock market earnings, much of the Capitol’s focus has been on the relatively small hole it opened in the current budget. But the projected loss of $100 million in tax receipts this year also exacerbates a much bigger budget problem just down the road. Continue Reading →

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GOP calls for bipartisan talks, labor concessions, to reverse hospital cuts

Minority Republicans in the state legislature called Tuesday for bipartisan negotiations to reverse last week’s $190 million cut to hospitals. And House Minority Leader Themis Klarides, R-Derby, also called for Gov. Dannel P. Malloy to approach state employee unions for concessions. Continue Reading →

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