Latest News

Santy: Not Out of Woods

We have a state budget! But we’re not nearly out of the woods yet. A new round of projected deficits is just over the horizon, and if prompt and substantial action isn’t taken, we’ll go through this again, and again.

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Low Expectations

According to the Connecticut Economic Resource Center, state residents increasingly believe that overall business conditions in Connecticut are worsening, and an increasing percentage – now nearly half - expect that conditions will be about the same six months from now. More people believe that business conditions will continue to worsen than are of the view that they will improve.

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Good and Bad from Moody's

Moody's says having a state budget in place is good for Connecticut, but the details are bad for the University of Connecticut.

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Continued Budget Analysis

The chief economist for the Connecticut Business and Industry Association says the recently passed, bipartisan budget, is a step in the right direction and serves as a good sign for the future.

Pete Gioia, is also a member of the CT21 board.

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One Analysis

One week after Connecticut's longest budget crisis came to an end, it is right to ask lawmakers and candidates for office what's next? How do we avoid such a stalemate in the future by taking a long-term approach to state finances and economic growth.

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Watching for What's Next

One week after the passage of a new two year budget, state officials and budget analysts are not sure whether the new spending and tax plan will actually work, in the short-term or the long-term.

Big Deficits? - CT Mirror

Too Soon to Tell - CT News Junkie

Now What?

A ten month budget stand off is over and Governor Malloy has reluctantly signed a new budget into law, but the question remains what are the long-term implications of the new spending plan?

In three months, if not sooner, lawmakers will be back at the capitol to make further adjustments to the budget. 2018 is an election year making it more difficult to reach agreement if there are any issues in dispute, or if the budget falls into deficit.

Meanwhile, the Connecticut business community is closely considering the details of the new budget to see if it provides policy clarity for the future.   

Deal?

Early Tuesday morning legislative Democrats and Republicans announced they had a budget deal that might be voted on later this week.

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Poll On CT Attitudes

A new poll from Sacred Heart University shows people are worried about the state of Connecticut government, concerned about the future and willing to consider various new forms of taxes and revenue to get things on the right track.

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Call for Regionalism

Greg Bordonaro, the editor of the influential Hartford Business Journal, says this year's long-running state budget drama shows regionalism in local government is an issue that can no longer be ignored. He asks readers to imagine Hartford, East Hartford and West Hartford as one municipality for starters.

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Wrong Signal

Governor Malloy says the on-going state budget stalemate - now passing the 100 day mark - is hurting the state's economy. Malloy says business leaders are delaying decisions about expanding, or moving to Connecticut because they don't know what's next.

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New Deadline

The governor and legislature are now operating under a new self-imposed deadline for a two-year budget plan. October 13th is now seen as the last moment for all sides to come to agreement on a budget that has eluded them since June.

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