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Trump and the money CT gets from the federal government. Are billions at stake?
“People don’t realize almost half of our state budget” is impacted by federal funding, said Rep. Toni E. Walker, D-New Haven, longtime co-chairwoman of the Appropriations Committee.
CT legislators learn of interest income: ‘Somebody found $340 million under a couch cushion’
Connecticut state legislators learned about this $340 million windfall for the first time Wednesday.
CT treasurer: Put unspent $1 billion transportation funds to work
Despite an aging infrastructure badly in need of repair, Connecticut’s transportation program sat atop nearly $1 billion in unspent funds last summer.
20% of CT’s revenue hasn’t been spent since 2020. A fight over the policy will dominate the new year
Connecticut legislators and advocates for everything from education to the elderly are bracing for a landmark debate in the coming weeks on the state's fiscal future.
Report: Half of CT’s set-aside ‘volatile’ funds are actually stable
Connecticut could dedicate $755 million more yearly for education, human services, town aid than it does, a report found.
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CT’s ‘fiscal guardrails’ limit state’s ability to meet needs, invest in future, report says
The nonprofit groups suggested redesigning a controversial program to save volatile revenues and expanding allowable spending cap growth.
Report shows about half of the population lacks economic security; ‘Families in Connecticut are struggling’
A family of four in the northeastern U.S. needed to earn close to $151,100 in 2022 to be economically secure, according to a recent report.
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CT plans major hike in borrowing to rebuild transportation infrastructure. It will cost billions
A nonpartisan legislative analysis as far back as 2010 indicated the DOT was struggling to complete projects in timely fashion.
CT owes $8K in debt for each person, more than any other state
In addition to Connecticut’s massive pension debt, its tab for school construction, transportation work and other bonded initiatives also ranks among the heaviest burdens in the nation.
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Connecticut’s fixed expenses rising faster than its revenues, state report says
Connecticut's fixed expenses are expected to outpace revenues by $3 million next year, according to a state report.