Gov. Ned Lamont submitted a budget proposal on October 1 that draws down Connecticut’s Rainy Day Fund by $1.8 billion, maintains the corporate surcharge tax and implements a hiring freeze to bridge a projected $2…
A new annual report from Truth in Accounting found Connecticut has $67 billion in bonded debt and unfunded retirement costs, making it the third most indebted state per taxpayer in the nation. The total debt,…
At this moment, real police reform is within reach. But last week, the House of Representatives passed a bill that continues to protect powerful labor union interests. As the Senate prepares for special session tomorrow,…
A contractual wage increase for unionized state employees — totaling roughly $353 million — officially went into effect today, as Connecticut faces an unprecedented unemployment and budgetary crisis. Governor Lamont and the General Assembly have chosen once again to cower in the face of…
“At his press conference today, Gov. Ned Lamont insisted that he has no power to suspend a scheduled wage increase for state employees at a time when Connecticut is facing unprecedented unemployment and budgetary problems.…
During his hour-long interview with WTIC 1080, Gov. Ned Lamont fielded questions from callers, one of whom questioned why the state diverted $170 million in vehicle sales tax from the Special Transportation Fund. The governor…
The U.S. Bureau of Economic Analysis released state-by-state personal income growth figures for the first quarter of 2019 that showed Connecticut near the bottom of the list, placing 48th overall for income growth. Connecticut residents’…
Pay increases for state employees outlined in the 2017 SEBAC agreement were projected to cost $353 million annually by the Office of Fiscal Analysis, but emails between former State Senator Len Suzio, R-Meriden, and OFA…
Governor Lamont’s expensive accounting gimmick to buy a little more breathing room in the upcoming biennial budget reveals more than just bad fiscal instincts. It demonstrates once again and beyond any doubt that this government…
In response to Senate Republicans’ criticism that the 2019 budget assumes $450 million in pension and health care savings from state employees that have not yet been negotiated, Gov. Ned Lamont and his budget chief…
