Gov. Dannel Malloy's budget chief faced a barrage of tough questions Thursday from both sides of the political aisle. None of the lawmakers on the finance, revenue and bonding committee appeared pleased with Office of Policy and Management Secretary Benjamin Barnes.
Should Connecticut repeal the estate and gift taxes? Should members of the military and their spouses be forced to jump through the red tape of Connecticut's occupational licensing laws? These are just two of the many bills that were debated throughout this week. Below is a run down on which bills Yankee testified on and our position.
After a long career working for international banks that specialized in developing countries, John Caracciolo decided to retire with his family in Barkhamstead for the good schools and the quiet countryside. That was six years ago. Now John is rethinking that decision.
“We are in this together,” was the message Gov. Dannel P. Malloy asked state residents to take away from the budget he introduced Wednesday. But what we’re in together doesn’t look very pretty – a massive $3.6 billion deficit out a $36 billion two-year budget.
This year, Connecticut lawmakers have the opportunity to show that they are committed to bringing jobs and prosperity back to our state. That starts with saying “no” to another tax increase, and “yes” to dismantling the barriers that hobble job and economic growth. During the 2017 legislative session, the Yankee Institute will be working with legislators, state officials and stakeholders in the following areas
As Gov. Dannel Malloy delivered his state of the state address, which highlighted Connecticut’s growing deficit problem, the Office of Fiscal Analysis released it second-quarter report on state agency overtime spending. So far, Connecticut agencies - particularly the Department of Correction - have spent 14.7 percent less on overtime payments than the second quarter of last year. The DOC is consistently the biggest driver of overtime but managed to reduce their payments by $8.2 million.