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State - Budget
Budget/Economy

Budget/Economy

 

 

 

Another Great Resource for News

 

CTMirror.org

 

 

Gov. Dannel P. Malloy

 

Connecticut state budget

 

Dannel P. Malloy

 

sales tax

 

deficit

 

 

 

Malloy extends deadlines at DMV to offset long customer lines

By: Keith M. Phaneuf | August 24, 2015

 

With the Department of Motor Vehicles expected to continue struggling with long lines for a few more weeks because of a computer overhaul, Gov. Dannel P. Malloy announced Monday he would extend deadlines for license and vehicle registration renewals until Oct. 10. Continue Reading →

Filed under: ,

 

 

 

Malloy: CT made pitch to keep GE

By: Keith M. Phaneuf | August 24, 2015

 

Gov. Dannel P. Malloy confirmed Monday that he and others in his administration have met with General Electric and proposed some specific assistance to keep its headquarters in Fairfield, but he gave no details about his pitch. Continue Reading →

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Lembo unveils plan to end huge backlog in state pension audits

By: Keith M. Phaneuf | August 21, 2015

 

State Comptroller Kevin P. Lembo’s office announced Thursday that a huge, decades-old backlog in finalizing state pensions should finally be alleviated over the next 18 months. And Lembo said a new automated system also would make it easier for state workers to research their future benefits. Continue Reading →

Filed under: Budget/Economy, Comptroller Kevin P. Lembo, pension, state employees retirement system

 

 

Malloy administration mum on possible aid to keep GE in state

By: Keith M. Phaneuf | August 20, 2015

 

Gov. Dannel P. Malloy’s administration on Thursday would neither confirm nor deny a media report that it was preparing an aggressive package of economic assistance to keep General Electric from moving its headquarters out of state. Continue Reading →

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CT retirement panel says ‘no’ again in municipal pension case

By: Keith M. Phaneuf | August 20, 2015

 

A state retirement panel dashed the hopes Thursday of six legislators who contend that any retired municipal workers should be allowed to collect a pension and be re-employed by another Connecticut municipality. Continue Reading →

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CT unemployment hits seven-year low of 5.4%

By: Mark Pazniokas | August 20, 2015

 

Connecticut gained 4,100 jobs in July as the unemployment rate fell to a seven-year low of 5.4 percent, marking three consecutive months of job growth that have brought the state’s unemployment rate close to the U.S. average of 5.3 percent. Continue Reading →

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Funding woes threatened CT labor department jobs a year ago

By: Keith M. Phaneuf | August 19, 2015

 

Though Gov. Dannel P. Malloy said last month that a projected shortfall in federal funds was forcing his administration to lay off almost 100 Labor Department workers, a deficit topping $14 million for labor personnel was identified nearly one year ago. Continue Reading →

Filed under: Budget/Economy, Politics, AFSCME Council 4, state Department of Labor, Unemployment

 

Lawmakers seeking to change pension rule told to write a letter

By: Keith M. Phaneuf | August 13, 2015

Six legislators hoping to ask a state retirement panel – in person – to effectively rewrite municipal retirement rules in a way Gov. Dannel P. Malloy prevented last month – will have to settle for writing a letter. Continue Reading →

Filed under: Budget/Economy, Politics, Municipal Employees Retirement System, pensions, State Employees Retirement Commission

 

 

Even transportation panel’s homework sets off a partisan furor

By: Keith M. Phaneuf | August 12, 2015

 

The group studying how to fund a 30-year transportation improvement program in Connecticut knows there are few options – if any – that won’t spark controversy. But the state’s Transportation Finance Panel watched that challenge expand significantly after its research became the focal point of an intensifying partisan battle among state legislative leaders. Continue Reading →

Filed under: Budget/Economy, Politics, gasoline tax, mileage tax, tolls, Transportation Finance Panel

 

 

 

GOP Senate leader: Malloy, unions ducked legislature on pensions

By: Keith M. Phaneuf | August 7, 2015

 

The top Republican in the state Senate charged Gov. Dannel P. Malloy and state employee unions Friday with making an end run around the legislature to resolve a disability pension controversy that the state auditors said may have cost Connecticut millions of dollars in improper payments. Continue Reading →

Filed under: Budget/Economy, Politics, disability pensions, SEBAC

 

 

State, unions agree on more lenient disability-pension standard

By: Keith M. Phaneuf | August 6, 2015

 

A new agreement that restores a more lenient standard for awarding state disability pensions will take effect immediately and won't be presented to the General Assembly for consideration in 2016, Gov. Dannel P. Malloy’s administration confirmed Thursday. Continue Reading →

Filed under: Budget/Economy, Politics, auditors of public accounts, disability pensions, State Employees Retirement Commission

 

 

State gives pink slips to 95 labor department workers

By: Keith M. Phaneuf | August 5, 2015

 

Gov. Dannel P. Malloy’s administration announced early Wednesday it has given layoff notices to 95 Department of Labor employees whose positions no longer are supported by federal funding. Continue Reading →

Filed under: Budget/Economy, Politics, AFSCME, AFSCME Council 4, CT labor department, layoffs

 

 

 

New CT budget gets mixed reviews from Wall Street

By: Keith M. Phaneuf | August 4, 2015

 

While praising Gov. Dannel P. Malloy and the legislature for adopting a two-year plan that is balanced and relies on few one-time revenues, the agencies also noted that Connecticut continues to struggle with “tepid” revenue growth and a small budget reserve that leaves the state vulnerable to “future fiscal shocks." Continue Reading →

Filed under: Budget/Economy, Politics, Connecticut state budget, Fitch, Kroll, Moody's, Standard & Poor's, Wall Street

 

 

 

Malloy administration approved costly financing for UConn outpatient facility

By: Keith M. Phaneuf | July 31, 2015

 

Gov. Dannel P. Malloy’s administration approved the controversial financing method for a University of Connecticut Health Center project that auditors say cost the state $77 million in “unnecessary” interest. Continue Reading →

Filed under: Budget/Economy, Politics, John C. Geragosian, Robert M. Ward, state auditors of public accounts, The Jackson Laboratory, UConn, University of Connecticut

 

 

CT lawmakers push back on pharmaceutical issue in TPP

By: Ana Radelat | July 31, 2015

 

WASHINGTON – As negotiators for a massive Pacific Rim trade pact meet in Maui for a final round of talks, Connecticut lawmakers are pressing for changes they say will keep the price of key medicines affordable for patients who need them overseas and in the United States. Continue Reading →

Filed under: Budget/Economy, Health Care, Politics, Washington, AARP, biosimilars, Doctors Without Borders, fast track

 

 

 

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