Gov. Ned Lamont announced yesterday that Digital Currency Group, a firm specializing in block chain currency, is relocating its headquarters from New York to Stamford, Connecticut with the help of $5 million in state incentives […]
Officials with Connecticut’s Paid Family and Medical Leave Insurance Authority said they expect an “onslaught” of paid leave applications starting December 1, when Connecticut residents can begin submitting applications for the state’s paid family and […]
Is it every year? Or every other year? That appears to be a perplexing question facing the Office of the State Comptroller concerning a report on taxpayer savings generated from the 2017 SEBAC Agreement. In […]
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 […]
Massachusetts Gov. Charlie Baker has withdrawn his support for the Transportation and Climate Initiative, saying the cap-and-trade program for gasoline is “no longer the best solution for the Commonwealth’s transportation and environmental needs,” according to […]
Connecticut neared the middle of the pack in Reason Foundation’s annual ranking of states by highway condition and cost effectiveness, beating out nearby neighbors like Massachusetts, Rhode Island and New York. Connecticut was ranked 31st […]
A lawsuit filed Monday by AFSCME Council 4 and other state employee unions seeks to unionize National Guard soldiers during times they are called upon by the governor to perform work in Connecticut such as […]
Gov. Ned Lamont says he is no longer pushing for Connecticut to implement the Transportation and Climate Initiative program, citing high gasoline prices and federal infrastructure dollars coming from Washington D.C., according the Waterbury Republican-American. […]
Revenue to Connecticut’s Special Transportation Fund is projected to rise this year as gasoline prices surge upward and sales tax receipts come in hotter than previously expected adding nearly $70 million to the STF this […]
Yankee Institute applauds Governor Lamont’s remarks indicating his interest in property tax relief. Connecticut homeowners face property tax bills that are both higher and rising faster than they are in neighboring states. Our state has […]
The Connecticut State Legislature will begin its 2023 session on January 4th and will adjourn on June 7th. The “long session,” as non-election years are called in Hartford, will be centered around the biennial budget. The Office of the State Comptroller reports that state government found a way to spend $47.11 billion in 2022 and, if trends continue, we can expect that number to grow even more going forward. Concerns over energy prices, inflation, and general cost of living continue to dominate the headlines and the threat of a recession hovers over economic forecasts.
What will our elected officials be working on to improve policy outcomes for Connecticut residents? What tax reform proposals will there be? What can be done to lower home heating bills? How will state and local budgets be affected by fewer federal resources? How will schools be implementing to curriculum requirements?
While we wait to see the thousands of individual and committee bills that while dominate the myriad policy debates this year, Yankee Institute is hard at work promoting free-market solutions to the problems we face from Stamford to Putnam and Mystic to Salisbury. To that end, we have produced a new edition of our Charter for Change. The Charter provides commonsense reforms to make Connecticut’s government work for its residents.
Though the list of reforms may be exhausting to review, it is far from exhaustive! And that’s why we want to work with you to build a broad-based coalition to encourage sound policy reforms to enable Connecticut residents to forge a better future for themselves and their families.
It’s also imperative that we do so. As we noted in a report and CT Mirror op-ed last year, the debate over whether we’re in a national recession really misses the point for Connecticut residents. We had more people employed in the private sector in 2007 than we do today. Our economy has grown at one of the slowest rates in the nation for the past decade, and we are getting outpaced year after year. We’re not attracting innovation and industry. We’re losing some of our best and brightest as they seek other parts of the country where it’s easier to make a living.
But together, we can reverse this trend.
At Yankee Institute, we know Connecticut is a state with boundless opportunity, and we intend to help make our state more than a place where people are just able to make ends meet! Connecticut should be a place where everyone can thrive – and with your help, it will be.