The Connecticut budget is on autopilot – and no one’s at the wheel. State government grows more expensive each year because of expensive promises to state employees and endless borrowing. A half-billion dollar increase in […]
IntroductionThe two-year budget just proposed by Gov. Dannel Malloy contains the clearest warning signs yet that Connecticut must reform its public sector pay and benefits, as the growth in employee compensation continues to outpace the […]
Apparently, a “permanent fiscal crisis” isn’t enough to keep him busy. Gov. Malloy has now proposed legislation to prohibit businesses from forbidding their employees to disclose their wages. As is evident from its history, the […]
The Yankee Institute supports HB 5949, which would require the Department of Transportation commissioner to prioritize projects, and to put repair of existing infrastructure ahead of building new projects. Clearly our state has infrastructure needs […]
Taxes are a fact of life. When we pay taxes, we’re supporting our roads, our schools, and other important government services. However, when taxes are too high they hurt, especially those who can least afford […]
High Taxes HurtIf Connecticut lowered its taxes, every state resident would benefit. The state’s current tax burden contributes to our high cost of living and sluggish economic growth. This year, as lawmakers look to close […]
Connecticut would have $5.2 billion more in its rainy day fund if lawmakers had kept spending under the state’s constitutional spending cap, according to a new Yankee Institute policy brief. The Yankee Institute is urging […]
Overview: Respect the Cap!The contentious debate of 1991 over imposing a state income tax was resolved in part because of an important compromise: A spending cap would accompany the new tax that would put reasonable […]
For footnotes, please see attached PDF. Restoring Power: How Lawmakers Can Lower Your Electric Bill by David G. Tuerck, Ph.D, Paul Bachman and Michael Head JANUARY 2015 Restoring Power: How Lawmakers Can Lower Your Electric Bill Yankee Institute for […]
Although Connecticut’s median income has decreased by 4% (inflation-adjusted) since he took office, Gov. Dannel Malloy nonetheless just handed out 3%-12% salary increases to political appointees. Too often, it seems like the government elite gets […]
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.