by Zachary Janowski | May 23, 2013 | Blog, Commentary, Economy, General, State Budget, Taxes & Spending
ESPN is illustrating a cautionary tale about “economic development” – in other words corporate welfare – by laying off employees in at least one Connecticut location while receiving incentives for “creating jobs” in another location. If the state really doesn’t have...
by Zachary Janowski | May 22, 2013 | Features, General, Health Care, State Budget, Taxes & Spending
Actuaries predict Connecticut will spend $1.7 billion less than previously projected on retiree healthcare over the next 25 years because of lower-than-expected costs and a slowing rate of growth in healthcare costs around the country. With the expected savings,...
by Suzanne Bates | May 16, 2013 | Blog, General, Politics, State Budget
As we near the end of the state legislature session, which is set to adjourn June 5, the House and Senate are considering a flurry of bills that have made their way through the legislative committees. It might be appropriate at this point to suggest lawmakers adopt a...
by Zachary Janowski | Apr 22, 2013 | Economy, Features, General, Politics, State Budget, Taxes & Spending, Transportation
The State Bond Commission will meet Friday to allocate more than $100 million in borrowed state money. Of the 31 projects on the agenda, three stand out. – $1.3 million for renovations to the Capitol and Legislative Office Building, including an “upgrade to the...
by Zachary Janowski | Apr 17, 2013 | Features, General, State Budget
Connecticut paid state employees $17.6 million in longevity payments this month, bonuses based on how long an employee has worked for the state. More than half the state workforce – 28,584 employees – received the payments for an average of $619, according...
by Zachary Janowski | Apr 15, 2013 | Economy, Features, General, Politics, State Budget, Taxes & Spending
Thirty5 Bar & Grille, formerly known as Reuben’s Deli, is reportedly closed, less than a year after receiving $47,500 in taxpayer money. The Small Business Express Program, run by the Department of Economic and Community Development, awards grants and loans...