Nearly two years after the 2020 presidential election ignited a national firestorm of election fraud claims that culminated with the January 6 riot at the Capitol by protesters, the Connecticut Office of the Secretary of […]
Budget
The day before Connecticut officials announced consensus revenue estimates of a $2.2 billion surplus in the state’s finances, the Office of Policy and Management sent a letter to municipal leaders across the state informing them […]
The Connecticut Comptroller’s Office released its updated report on savings generated by Gov. Dannel Malloy’s 2017 agreement with the State Employees Bargaining Agent Coalition, showing the that actual savings to the state were $200 million […]
Connecticut made a historic $1.6 billion payment toward its $40 billion pension debt thanks to the state’s volatility cap, and that payment is expected to achieve significant savings over the next four years, according to […]
Connecticut lawmakers and Gov. Ned Lamont bridged a $3.5 billion biannual budget deficit during the 2021 legislative session, largely using federal COVID relief funds combined with some revenue and accounting adjustments the state has employed […]
As Connecticut prepares to make a historic $1.6 billion payment toward its unfunded pensions, a new report shows Connecticut has the highest taxpayer debt of any state in the nation. According to Truth in Accounting’s […]
Language that would have given state department commissioners the ability to contract with other states was removed from the budget implementer by a voice vote in the House of Representatives. Section 221 of the implementer […]
Despite comments from Gov. Ned Lamont and Democratic legislative leaders saying the General Assembly would not take up the Transportation and Climate Initiative program this year, language in the budget implementer bill allowing state department […]
Connecticut Attorney General William Tong issued a formal opinion saying the proposed Connecticut Equitable Investment Fund proposed by Democrats on the Finance, Revenue and Bonding Committee “lacks the requisite standards and limits to survive to […]
The Moderate House Democratic Caucus said they stand with Gov. Ned Lamont in opposing tax increases on Connecticut’s wealthy residents proposed by their progressive counterparts as Democratic legislative leaders and the governor begin budget negotiations. […]
