The Rhode Island Supreme Court has upheld a Superior Court decision to allow the City of Cranston to cut cost of living adjustments for city retirees, citing the city’s dire fiscal problems. In 2011, Cranston […]
Lawmakers and visitors to the Legislative Office Building throughout the week may have noticed a truck with a digital sign advertising Gov. Ned Lamont’s new transportation plan called CT2030. It’s been driving in circles outside […]
Senate Republicans unveiled their latest transportation funding plan which would use $1.5 billion from the state’s Rainy Day Fund to pay off pension debt and remove pension payments from the Special Transportation Fund, thereby freeing […]
Gov. Ned Lamont is given a tough greeting by toll protesters from No Tolls CT as he arrives at the Capitol building. Democratic senators are filmed being met with jeers of “No tolls,” as they […]
Newly released estimates from the U.S. Census Bureau shows Connecticut’s outmigration rate is worsening compared to the rest of the country. Connecticut’s net loss of population ranks sixth in the county for 2018. Just one […]
Joined by union officials and members on Thursday, Gov. Ned Lamont pitched his new CT2030 transportation plan to leverage federal loans with toll revenue. But the plan also essentially guarantees that $21 billion in transportation […]
Gov. Ned Lamont released his CT2030 website on Thursday after unveiling his ten-year transportation plan at a meeting at Jackson Laboratories in Farmington. The website allows the public to see details of the governor’s plan […]
Connecticut’s teachers may be better off with a 401(k) style, defined contribution retirement plan than under Connecticut’s massively underfunded pension system, according to some number crunching. Assuming a 6.5 percent employer match and adjusted for […]
“We appreciate Gov. Ned Lamont abandoning previous plans calling for 50 to 80 tolling gantries throughout Connecticut and seeking a variety of ways to leverage federal dollars in order to fund transportation projects in our […]
Who benefits from pensions? Imagine 100 teachers are hired by a Hartford, Connecticut school district, all of them are age 25, they are all women, and all hold a master’s degree. What percentage of them […]
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.