Despite early enthusiasm, lawmakers now say a bill extending state-sponsored health coverage to about 18,000 undocumented children is unlikely to succeed this year.
Sen. John Fonfara
Posted inEducation, Money, Politics
Bankruptcy for Hartford may hinge on CT tax debate
Though the extra funds Hartford needs to avert bankruptcy next fiscal year equal a tiny fraction of the next state budget, the city’s fate may hinge on whether state officials raise enough taxes to avoid deep cuts in aid to most other cities and towns.
Posted inMoney, Politics
Sales tax may take center stage in state budget debate
Leaders of the legislature’s tax-writing panel have made it no secret they hope to minimize new taxes on Connecticut corporations this year as politicians and business leaders alike hope for the economy’s best year since the Great Recession ended. But one key alternative the Finance, Revenue and Bonding Committee is expected to recommend this week involves a major overhaul of Connecticut’s sales tax – a move the state’s chief business lobby warns could damage the economy worse if handled improperly.
Posted inMoney, Politics
For Malloy, much rides on April 15
While procrastinators hope for big refunds and scramble to beat Tuesday’s tax-filing deadline, the person with the most riding on those returns is Gov. Dannel P. Malloy.
Posted inMoney, Politics
Malloy’s election-year tax cuts face big test this week
With his campaign announcement out of the way, the governor faces a big election-year test this week when a legislative panel decides whether to back his controversial tax rebate plan.
Posted inMoney, Politics
Keno clings to life in strange CT legislative mixture
What do keno, state grants for cities and towns, and the not-for-profit public access network that covers state government have in common? More than you’d think.