Tuesday, November 27, 2012

State Budget Crisis, 2013-16: Nowhere To Hide | Dan Haar

State Budget Crisis, 2013-16: Nowhere To Hide | Dan Haar

Sunday, November 18, 2012

Property tax credit in jeopardy Republican American

Malloy could save approximately $150 million a year if the property tax credit is abolished. It is not something he has proposed — yet. 

Property tax credit in jeopardy Republican American

Saturday, November 17, 2012

Connecticut’s Fiscal Mess - Jillian Kay Melchior - National Review Online

As Congress considers massive tax hikes to fix the U.S. deficit, the state of Connecticut is worth a look. There, a similar strategy is failing epically. Governor Dannel Malloy’s budget chief told the state legislature on Wednesday that Connecticut was facing a $365 million deficit for this fiscal year. That’s nearly twice as big as the $205 million estimate released last week by the Office of Fiscal Analysis and the Office of Policy and Management. And it’s more than six times what Governor Malloy, a Democrat, had estimated before the election. If you think that discrepancy is suspicious, you’re not alone. And consider this: Democrats, who hold the majority in both houses of the state legislature, voted to postpone the release of the fall consensus revenue forecasts, which revealed Connecticut’s rather ugly fiscal picture, until after November 6. Connecticut’s Fiscal Mess - Jillian Kay Melchior - National Review Online

Thursday, November 15, 2012

State Looking At Red Ink For Next 3 Years; Cafero Says It’s Not Transparent | Capitol Watch


“Whether I say it, Tom Foley says it, my mother says it, a fourth-grader says it, we’re repeating facts from his own Office of Policy and Management,” Cafero told Capitol Watch. “It was his decision, his gamble [on the budget] to go a certain path that hasn’t worked. … It didn’t work. We knew it wouldn’t work. He made a decision to balance this budget on tax increases and phantom savings alone. He did not reduce spending. He increased it. It doesn’t take a math whiz to figure out that doesn’t add up. It doesn’t take a rocket scientist to realize you’re going to have a deficit. We predicted it when he passed the thing.”
“Who’s playing fast and loose with the facts?” Cafero asked. “I’m just going by his figures, his statements. We’re in very bad financial shape. Let’s admit that it hasn’t worked. Stop playing defense, governor, and fix the problem.”




State Looking At Red Ink For Next 3 YearsPublish Post; Cafero Says It’s Not Transparent | Capitol Watch

Connecticut is facing a $365 million budget deficit and a Hartford financial research firm said connecticut has the worst credit quality in the nation - Courant.com

Connecticut is facing a $365 million budget deficit and a Hartford financial research firm said connecticut has the worst credit quality in the nation - Courant.com

Wednesday, November 7, 2012

CT News Junkie | Shirt Says ‘Support McMahon.’ Wearer Doesn’t

Parker said she’s definitely voting for Obama, and she’s unsure about the U.S. Senate race. She said McMahon does not support the social services she relies on: “She’s not for food stamps and stuff.”

CT News Junkie | Shirt Says ‘Support McMahon.’ Wearer Doesn’t