The Connecticut Comptroller’s Office released its updated report on savings generated by Gov. Dannel Malloy’s 2017 agreement with the State Employees Bargaining Agent Coalition, showing the that actual savings to the state were $200 million […]
The new year will bring another round of wage increases for state employees and a new payroll deduction for everyone else, and House Republicans are calling of Gov. Ned Lamont to suspend both in light […]
Gov. Ned Lamont today signed onto a regional cap and invest program called the Transportation and Climate Initiative that will raise the price of gasoline by upwards of 17 cents per gallon. Massachusetts Gov. Charlie […]
Connecticut Voices for Children, a New Haven-based think tank, outlined their plan to achieve economic justice through increasing taxes on Connecticut’s top earners in a report published this month and in an online presentation that […]
The Department of Economic and Community Development offers loans, grants and business tax credits to qualifying businesses under a variety of program intended to boost economic activity and jobs in the state. But according to […]
An updated study published by the Yankee Institute on Wednesday found that Connecticut government employees earn 28 percent more than comparable private sector employees, largely due to public employees’ generous retirement benefits. That difference adds […]
California Gov. Gavin Newsom announced an executive order that will phase out and ban the sale of new gas-powered vehicles in California by 2035 and, according to state statute, Connecticut must follow California’s lead. According […]
The Department of Housing paid exorbitant fees to a lender administrating the Shoreline Resiliency Loan Fund, part of Gov. Dannel Malloy’s Shore Up CT program created in 2014 to give homeowners and businesses low interest […]
A coalition of public sector unions in Connecticut are running advertisements on television and social media calling for increasing taxes on the wealthy and list off the names of Connecticut’s billionaires they feel should be […]
Three years ago, Dillon Stadium was a run-down, unused and possibly dangerous area, with poor grounds and rusted bleachers that were not up to code. Today it stands renewed, hosting a professional soccer team, vendors, […]
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.