Facing a $4.6 billion deficit over the next biennium, lawmakers will find themselves in the position of a political captive — hands tied, blind-folded and locked in a dingy basement.
Mayor Luke Bronin
Hartford's five year recovery plan will fall into deficit by year three despite the state paying Hartford's debt, according to the plan submitted to the state’s Municipal Accountability Review Board, tasked with overseeing Connecticut’s beleaguered capital city.
When a city or town is forced to go to binding arbitration over a labor contract, they often have little to gain and a whole lot to lose, but the decision comes down to one person.
Reports surfaced Monday about a tentative deal between Gov. Dannel Malloy and the state employee labor unions to achieve $1.5 billion in concessions over the next two years and extend the state employee contract to 2027. However, a five year contract extension will mean Connecticut will be saddled with the union deal, negotiated by Gov. John Rowland, for as long as most people have mortgages.