Posted inMoney, Politics

Business leaders push to intensify control of state spending

Connecticut’s business leaders had high praise Tuesday for the deep spending cuts and absence of tax hikes in Gov. Dannel P. Malloy’s new budget. But they also warned that without an even harder, bipartisan push to control spending, businesses will remain reluctant to grow — or to support the tolls and gasoline tax hikes recommended to finance transportation improvements.

Posted inCT Viewpoints, Talking Transportation

CT transportation funding: Something for everyone to hate

I hate to say “I told you so,” but… just as I’d predicted, Gov. Dannel Malloy’s hand-picked Transportation Finance Panel has finally issued its recommendations for paying for the governor’s 30-year, $100 billion transportation “plan.” Interestingly, as it began work last summer, the Transportation Finance Panel wasn’t allowed to debate the merits of anything in the governor’s “plan,” so all they could do was suggest how to fund the whole thing.

Posted inCT Viewpoints, Talking Transportation

Don’t blame trucks for Connecticut traffic congestion

Driving to Hartford the other day (no, you cannot really get there by train) I saw a beautiful sight: hundreds of trucks! Yet, motorists hate trucks and mistakenly blame them for traffic congestion and accidents that cause hours of delays. Readers of this column know I’m a “rail guy” and would love to see freight trains replace trucks, but that ain’t gonna happen anytime soon. But as motorists we should not blame truckers for traffic woes of our own creation.

Posted inPolitics, Transportation

Malloy calls ‘lockbox’ vote a milestone, not a setback

What do you say when your pitch for a constitutional amendment protecting transportation revenue is strongly endorsed by the General Assembly, just not by the three-fourths margin necessary to place it before the voters in 2016? “This is a victory,” Gov. Dannel P. Malloy said Wednesday. “It’s not a hundred-percent victory, but it’s a victory.”

Posted inCT Viewpoints

No lock on Connecticut’s transportation lock box

Yesterday, the legislature voted to implement a “transportation lock box” to presumably protect funding to repair and replace our state’s crumbling roads, rails and bridges that we travel daily. While this sounds like a noble idea, we of the Southeastern Connecticut delegation – and many of our colleagues – saw the serious flaws in this bill that compelled us to vote against it.

Posted inMoney, Politics

Transportation financing precarious despite new revenue

Despite the recent infusion of sales tax receipts, Connecticut’s transportation program could be in deficit by mid-2018, according to nonpartisan analysts. And while Gov. Dannel P. Malloy’s administration believes the Special Transportation Fund will remain in the black through 2020 — albeit by a razor-thin margin — nonpartisan analysts cite several problems, including surging debt and pension costs and downgraded expectations for fuel tax revenues.

Posted inMoney, Politics, Transportation

Advocates hope CT’s transportation woes will spur spending

While transportation advocates offered further evidence Tuesday that Connecticut’s aging, congested transportation system is weakening the economy, they remained uncertain whether that would translate into greater state investment in the problem. A new report from a Washington, D.C.-based advocacy group concluded congestion and aging infrastructure cost Connecticut residents in urban areas between $2,050 and $2,236 per year.

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