Posted inEconomic Development

Malloy defends his legacy on jobs growth and borrowing

In an impromptu valedictory address on his economic and fiscal policies, Gov. Dannel P. Malloy defended his economic record and use of state borrowing Tuesday, saying public investments drove private-sector job growth to new heights, improved Connecticut’s municipal schools and public universities, and strengthened its cities.

Posted inMoney, Politics

A frosty Friday for Malloy, GOP over $350M in borrowing

The battle to balance Connecticut’s budget spilled over onto its credit card Friday at the Bond Commission, where the prospect of more borrowing sparked what Gov. Dannel P. Malloy called one of his “weirder” confrontations with legislators. Malloy and two Republican legislators on the commission sparred over the necessity for hundreds of millions of dollars in approved borrowing.