Conntact.com - CT Business News Journal

Though just a fraction of the state budget, the $80 million winter heating assistance funding shortfall might not be the last small-ticket item to toss a big wrench in Connecticut's fiscal

WASHINGTON--Gov. Dannel P. Malloy has asked his top transportation advisers to look at creative financing mechanisms, including setting up a state infrastructure bank, to fund critical highway and

President Barack Obama today laid out a proposal to achieve $3 trillion in debt-reduction over the next decade, with a mix of tax reform, spending cuts, and entitlement program savings. The White

MASHANTUCKET--In the midst of a jobs tour calculated to convince business he is their ally and advocate, Gov. Dannel P. Malloy stressed his common cause with labor today at the annual convention of

WATERBURY--James H. Gatling took no pleasure in describing his corporation, New Opportunities Inc., with a workforce of 550, as one of the region's largest employers.

New Opportunities is a non-profit

In addition to cutting funding for more than 6,500 state jobs, Gov. Dannel P. Malloy's new plan to balance the state budget also slices more than $25 million from over two dozen job training, economic

WASHINGTON--It's a rare moment--maybe even exceptional--when Rep. Joe Courtney finds himself lining up behind Senate Republican leader Mitch McConnell, a bedrock Kentucky conservative.

But that's how odd

The state's transportation system is the latest fiscal casualty as Gov. Dannel P. Malloy and the legislature scramble to replace savings that were supposed to come from employee givebacks.

Originally

WASHINGTON--As the debt negotiations drag on and the stakes ratchet up, is Rep. John Larson in a tough spot, or a sweet spot?

As chairman of the House Democratic Caucus, Larson has to go to bat for his

BLOOMFIELD -- Amid a backdrop of dreary economic news, Gov. Dannel P. Malloy today announced a "performance-based" economic-development package worth between $47 million and $71 million to grow and

He's Sen. Richard Blumenthal now, but Connecticut's former attorney general sounded like his old self Monday when he came to the state Capitol to talk about the need to investigate questionable home

WASHINGTON -- Big debt-reduction deal or little deal, Medicaid is the one entitlement program that's almost certain to be on the chopping block as the White House and congressional leaders look for ways

WASHINGTON -- How do you comment on debt-and-budget negotiations that are being conducted in secret, with little to go on save rumors and leaked tidbits? And what if you are a ranking member of Congress

WASHINGTON -- Sen. Joseph Lieberman says three trade deals pending in Congress could do more to create jobs than anything else lawmakers are debating right now. Sen. Richard Blumenthal says they could

As state government launched a new fiscal year Friday, its chief budget watchdog cautioned against viewing the $85 million surplus left from 2010-11 as anything more than a "mirage" produced by an array of

WASHINGTON--Freshman Sen. Richard Blumenthal concedes he's not the "linchpin" to resolving the partisan standoff between Congressional Republicans and the White House over raising the debt

STAMFORD--Gov. Dannel P. Malloy said today he worked over the weekend to limit the number of state employee layoffs he will impose this week in response to labor's rejection of a tentative agreement for

An AFSCME local representing correction officers rejected the concession deal in voting tallied today, formalizing what has

For the past five months, Gov. Dannel P. Malloy has put a scare in municipal governments and social service providers,

The apparent rejection of a concessions deal by state employees leaves Gov. Dannel P. Malloy and the General Assembly with a sizable hole in the budget for the year that begins in just over a week. The

Gov. Dannel P. Malloy was introduced today as the "tourism governor" at the kickoff of a quickly assembled summer advertising campaign, but a better measure of his right to that title will come later this

Personal income rose nearly 5 percent in the first quarter of 2011, but state officials need to beware that revenue from a just-increased income tax relies more than ever on volatile earnings tied to an

Outgunned and out-flanked during the 2011 legislation session, the Republican minority hopes to best Gov. Dannel P. Malloy outside the Capitol, convincing voters that the governor's legislative victories

With the dust barely settled on the 2011 legislative session and $1.5 billion in tax hikes just over three weeks away, majority Democratic lawmakers predicted Thursday that voters would appreciate the

With strong support from Gov. Dannel P. Malloy, the Senate voted 18 to 17 Wednesday to pass the nation's first state mandate on private employers to offer paid sick days. It now goes to the House, where

A modest tax increase on insurers seemed to be the least of the Malloy Administration's fiscal challenges in February. But it triggered a string of unintended consequences that threaten the complicated

With Gov. Dannel P. Malloy openly lobbying for the bill, proponents of controversial legislation mandating paid sick days said Thursday night they appeared to have at least the bare minimum of votes

Gov. Dannel P. Malloy on Tuesday announced plans for an $864 million renovation and expansion for the UConn Health Center that he said could create thousands of jobs and position the state as a leader

Maria Madera doesn't know what she's going to do on July 16 when her weekly unemployment checks stop.

"They're done," said the single mother who was laid off from an insurance company almost two years

WASHINGTON--With gas prices surging past $4 a gallon in Connecticut, members of Congress are in a high-speed race to address their constituents' pain at the pump.

Sen. Richard Blumenthal is calling for

Transit planners and advocates admired Dannel P. Malloy as the mayor of Stamford, and they are optimistic about him as governor, despite--or perhaps because of--his inability to find the right

WASHINGTON--The decibel level in the debate over raising the nation's debt limit got a lot higher this week, after Standard & Poor's rating agency lowered America's credit outlook and the markets

The General Assembly's tax-writing committee once again is trying to force online retail giants to collect state sales taxes by targeting their Connecticut-based affiliates.

The Finance, Revenue and

The first film wholly produced at Twentieth Century Fox's digital animation studios in Greenwich debuted in Hartford today at an event that was as much about the politics of economic development as about

WASHINGTON--Imagine that after you filed your taxes this month, the IRS sent you back a receipt, showing how much of your income tax went to pay for everything from foreign aid to education,

STORRS--Think of biofuel, and what comes to mind is vast acres of Midwest corn for ethanol, or a hobbyist fueling his tractor with old French fry fat. But in a lab at the University of Connecticut,

Some 300 union members gathered Wednesday outside the Capitol to show solidarity for Wisconsin's embattled public-sector workers--but relatively few Connecticut state employees turned out.

Though there's arguably no good time to increase taxes, Gov. Dannel P. Malloy would have been hard pressed to find a worse time for the gasoline tax hike he presented to lawmakers last week.

At every opportunity since his inaugural, Gov. Dannel P. Malloy has reassured business that it has nothing to fear and much to welcome from the first Democratic governor in a generation, even one who

While Gov. Dannel P. Malloy insists that any income tax increase used to close the budget deficit can't sacrifice Connecticut's competitive advantage over its neighbors, a progressive coalition

Connecticut's leaders are understandably obsessing over the state's fiscal crisis, but a prominent economist warned Monday that the bigger and more difficult challenge to its long-term economic health

For nearly two decades, state-mandated wage levels for public construction projects have been a topic of heated debate between municipalities and labor unions.

Now, with Connecticut facing a

WASHINGTON--The public's top worry is the economy, as registered in recent opinion polls and at the ballot box last fall. But divisive social issues have taken center stage in Washington in recent