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Fiscal Common Sense for Connecticut
On July 1st, Connecticut’s fiscal year started without legislative agreement on a budget. This inaction occurred despite the fact that our state continues to face deeply complex and challenging fiscal hurdles to close a $5 billion biennial deficit. The majority party in Hartford that brought us to this fiscal brink has failed to find a…
Read MoreUpdate from the Capitol – Still No Budget
The 2017 regular session of the Connecticut General Assembly adjourned without an agreement being reached on a state budget. There remains a $5.1 billion projected budget deficit for the next biennium. We are now convened in a special session, and we are at a point where the governor has issued his first executive order…
Read MoreIt’s Time for State Employee Benefit Reform
The state’s financial crisis is getting worse. A couple of weeks ago the upcoming two-year deficit was about $3.5 billion dollars. Now it’s over $5 billion dollars, and, our bonds have been downgraded by all three major rating agencies just in the past few days. House Republicans proposed an updated budget recently that includes no…
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