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Fiscal common sense for Connecticut

Fiscal Common Sense for Connecticut

July 11, 2017

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…

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Update from the Capitol

Update from the Capitol – Still No Budget

June 30, 2017

  T​he 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…

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It’s Time for State Employee Benefit Reform

May 26, 2017

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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