by Zachary Janowski | Jan 21, 2011 | Features, General, State Budget, Taxes & Spending
Gov. Dannel Malloy chose six current and two former legislators to serve in his administration, a decision that will cost taxpayers millions in extra pension payments when these public officials retire. All state employees, including legislators, are eligible for...
by Zachary Janowski | Dec 29, 2010 | Features, General, Health Care, Municipal, State Budget, Taxes & Spending
A state healthcare board approved recommendations Wednesday that call for the combination of state employees, prisoners and the poor into a single healthcare pool by 2012 and the expansion of that pool into a government-run insurance plan by 2014. The SustiNet Board...
by Zachary Janowski | Dec 16, 2010 | Features, General, Taxes & Spending
The $1.1 trillion spending bill making its way through Congress this week includes $154 million in earmarks requested by Connecticut’s delegation, according to a database compiled by Oklahoma Sen. Tom Coburn. Outgoing Sen. Chris Dodd requested or co-requested $120...
by Zachary Janowski | Dec 15, 2010 | Features, General, Health Care, State Budget, Taxes & Spending
Connecticut’s unpaid obligation to provide healthcare benefits for retirees could reach $40 billion by 2017 if elected officials fail to act, according to a December estimate. The state already owes $26.5 billion in healthcare benefits to current and future retirees....
by Zachary Janowski | Dec 9, 2010 | Features, General, State Budget, Taxes & Spending
Connecticut has $59.8 billion in unfunded liabilities, according to the Institute for Truth in Accounting, which amounts to $46,100 per taxpayer. In its Financial State of Connecticut report, IFTA shows the state has $69.9 billion in liabilities, but only $10.1...
by Zachary Janowski | Dec 3, 2010 | Features, General, Health Care, Municipal, State Budget, Taxes & Spending
Connecticut state employees, HUSKY and Medicaid recipients and municipal workers could all share the same health plan within the next three years if a proposal by the SustiNet board of directors goes forward. The 11-member SustiNet board met Thursday to begin making...