When One Unelected Bureaucrat Decides the Finances of a City

 

 

 

 

 

 

“Before lawmakers demand one more cent from Connecticut’s taxpayers… we respectfully ask them first to ensure that they’re spending the money we’ve already entrusted to them wisely.”

-Carol Platt Liebau, President of Yankee Institute at May Press Briefing at the Capitol

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Connecticut to issue a new type of bond for a new economic reality

Connecticut’s bond commission just approved another $1 billion in general obligation bonds to be issued for schools, capital projects and tax credits to businesses, but beginning in 2018 the state will begin to issue a new type of bond.

Included in the bipartisan budget package was a provision to issue new revenue bonds tied directly to Connecticut’s income tax, which the Treasurer’s office described as “stable and strong.”

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About Us

The Yankee Institute for Public Policy Studies is a research and citizen education organization founded in 1984 under section 501(c)(3) of the Internal Revenue Service code. As one of America’s oldest state-based think tanks, Yankee develops and advocates for free market, limited government public policy solutions in Connecticut.

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Yankee Institute for Public Policy 216 Main Street Hartford, CT 06106 Phone: 860-282-0722

The Yankee Institute for Public Policy

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