Connecticut’s largest healthcare workers’ union launched a new online ad Friday charging state officials with favoring the wealthy and urging higher taxes on capital gains in the next state budget.
State Budget
Posted inMoney, Politics
Malloy to legislators: Don’t force me to run CT without a new budget
Gov. Dannel P. Malloy gave legislators a clear message Thursday: Don’t force him to run Connecticut after July 1 under the very tight restrictions the law mandates when a new budget is not in place.
Posted inMoney
Senate GOP: Overhauling labor laws would save more than concessions
Updated at 3:55 p.m.
Calling $1.5 billion in proposed union concessions insufficient given Connecticut’s $5 billion budget crisis, Senate Republicans called Wednesday for legislators and Gov. Dannel P. Malloy to dramatically reshape labor laws to force larger savings in wages and benefits — with or without union consent.
Posted inMoney, Politics
Senate sends plan to close current CT budget deficit to House
The Senate unanimously approved a plan Tuesday evening to cover the $317 million state deficit in the current fiscal year — albeit by draining most of Connecticut’s modest emergency reserve.
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Squabbling CT leaders say they’ll craft a budget — eventually
After two weeks of friction, legislative leaders and Gov. Dannel P. Malloy say detailed budget negotiations will begin Wednesday, but probably too late to adopt a final plan before the regular session ends on June 7.
Posted inEducation, Health, Money
Advocates: Disabled children stranded in CT hospital ERs
Insufficient services, a complex funding system and deep state budget cuts have increasingly stranded developmentally disabled children in hospital emergency departments over the past year, often for weeks at a time, two state advocates told legislators Thursday.
Posted inEnergy & Environment, Money, Politics
Time dwindling to ease current CT budget deficit
While Gov. Dannel P. Malloy is urging legislators to act quickly to at least mitigate the deficit in the current fiscal year, Senate Republicans unveiled a plan Wednesday to avert proposed cuts in municipalities, hospitals and state parks.
Posted inMoney
It’s official: Malloy, unions have tentative concessions framework
After two days of leaks and speculation, state employee union leaders and Gov. Dannel P. Malloy struck a tentative framework to recommend a $1.5 billion concessions framework to member unions.
Posted inMoney, Politics
Concessions draw Democrats’ praise, Republicans’ skepticism
Top Democrats in the House and Senate praised the deal and said trying to close a $5.1 billion deficit in the next budget without the $1.5 billion in potential savings from concessions would be the worst-case scenario. But their GOP counterparts had a very different perspective.
Posted inMoney
Concessions deal would hit CT workers and retirees
The tentative concessions deal Gov. Dannel P. Malloy and employee unions were closing in on Monday would double pension contributions for most workers, create a hybrid pension/defined-contribution plan for future workers, and curtail health care benefits for existing retirees.
Posted inMoney, Politics
Concession deal sets today’s crisis against tomorrow’s
If Gov. Dannel P. Malloy and state-employee unions strike a tentative concessions deal this week, the governor and legislators face a crucial balancing test — setting today’s dire budget crisis against bigger problems that await tomorrow.
Posted inHealth
Healthcare union ad protests ongoing state layoffs
The state’s largest healthcare workers’ union launched a new online ad Monday to protest the latest layoffs ordered by Gov. Dannel P. Malloy.
Posted inMoney, Politics
GOP House, Senate divided over budget politics, tactics
House and Senate Republicans parted ways Tuesday, at least temporarily, over how to frame the GOP’s approach to resolving the mammoth deficit looming over the next state budget. Should they match Democrats in releasing their alternative? Or release nothing until Republicans and Democrats see each other’s plans?
Posted inMoney
Democrats will push legalizing pot as part of budget fix
Senate and House Democrats will recommend the legalization, licensing and taxation of marijuana sales in Connecticut to help balance the next state budget, sources close to the caucuses told The Mirror.
Posted inMoney, Politics
Senate GOP not ready to share CT budget fix with the public
Unlike Gov. Dannel P. Malloy and three of the legislative caucuses, the Senate Republican Caucus is reluctant to share its latest proposal to balance the next state budget with the public immediately upon completion.