Recent news reports confirm what many have suspected for some time — young people are leaving Connecticut. How does this relate to pension debt? As a current graduate student who would like to stay in […]
The cost of building a rail line between New Haven and Springfield, Mass., continues to rise, even as transportation needs in Fairfield County go unmet. At its most recent meeting, the State Bond Commission approved […]
This week the state legislature met to undo some of the damage that they did during the last legislative session. In the late evening on Tuesday, after several hours of debate, lawmakers approved a deficit […]
Last week, Yankee Institute President Carol Platt Liebau sent a letter to Gov. Malloy and lawmakers to offer support for many of their cost-cutting ideas. PDF Version: Budget Ideas from the Yankee Institute Dear Governor […]
Yankee Institute Policy Brief$60 a Second: Connecticut’s Outmigration ProblemBy Suzanne Bates, Policy Director, Yankee InstituteNovember 2015For charts and data, please download the attached pdf.IntroductionIn just two years – from 2011 to 2013 – more than […]
As the members of the Tax Panel continue to deliberate about how to design a better tax structure for Connecticut, one of the ideas that comes up is a gross receipts tax in place of […]
The recent op-ed in the Courant is correct on one count: state employees are not the problem. If not state employees, then who is to blame for the seemingly perpetual state budget deficit? The problem […]
This week Gov. Dannel Malloy announced that he will invite Democratic and Republican legislative leadership to bipartisan budget talks, to try to come up with ways to cut government spending. This is a positive step, […]
The study we released today, Unequal Pay: Public Vs. Private Sector Compensation in Connecticut, shows that state employees make an average of 25 to 46 percent more than private sector workers with similar skills and […]
by Andrew BiggsSeptember 2015 A Note From the Yankee Institute Since 2011, Connecticut lawmakers have passed the two of the largest tax increases in state history. Even with this huge influx of taxpayer dollars, the state […]
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.