Connecticut’s minimum wage is set to rise to $12 per hour in September, even as businesses in the state remain limited to 50 percent indoor capacity or are struggling with a loss of customers due to the pandemic. Connecticut’s reopening plan remains stalled at Phase 2 as a resurgence in ...
Yankee Institute is grateful to Gov. Ned Lamont and his team for their work, thus far, in trying to mitigate the economic damage being wrought on Connecticut during this time of crisis and for their response to the threat posed by the COVID-19 virus. The collapse of the financial markets ...
Republicans and Democrats in the House of Representatives debated for over 12 hours through the night and into the morning before approving an increase to Connecticut’s minimum wage to $15 per hour by 2023. The vote was 85 – 59 with every Republican and two Democrats voting against the minimum ...
The Appropriations Committee today approved a bill to increase the state’s minimum wage to $15 per hour by 2022, costing the state an additional $40 million per year and costing municipalities up to $1 million per year. The state’s minimum wage would then be adjusted each year starting in 2024 ...
The steady drip of information and budget ideas from the governor’s office over the past two weeks finally culminated with Gov. Ned Lamont’s first budget proposal, which will be sure to please practically no one. The governor’s plan calls for an expansion of the state sales tax, shifting a portion ...
A minimum-wage increase is likely coming. It should arrive in the form of a home-rule option to raise the rate to some maximum and should be offset by cuts in regulatory costs on the hardest-hit businesses.