Yankee Institute Blog
No matter who occupies the governor’s office in 2019, he will be faced with a $4.6 billion budget deficit, including 7 percent raises for state employees, and increasing costs for unfunded pension and state retirement benefits. At some point,...
The income tax was supposed to solve Connecticut’s fiscal problems, so where did all the money go?
Five hints from the Malloy administration to Oklahoma Governor Mary Fallin on how to stay the least popular governor in America.
The Land of the Sleeping Giant has a giant sized debt problem.
Connecticut has one of the highest gasoline taxes in the country, according to a new report released by the Tax Foundation, which used 2018 data gathered by the American Petroleum Institute.
Gov. Dannel Malloy’s executive order to force a $10 million tolling study in Connecticut will seek to satisfy federal study requirements to implement tolls on Connecticut’s highways.
An employee of the Commission on Human Rights and Opportunities used excessive paid administrative leave and the state’s Voluntary Schedule Reduction Program to reach exactly 10 years of state service before quitting, making him or her eligible for a state retirement medical benefits.
“Changes intended to make tax collections more stable, combined with constraints intended to promote fiscal prudence, have strayed far wide of the mark.”
Since 2011, Connecticut has bonded nearly $1.8 billion for economic development, but the effort has produced little effect on the state’s economy.
During the seven year period from 2011 through 2017, Connecticut’s gross domestic product declined 1.6 percent when adjusted for inflation, according to figures from the Bureau of Economic Analysis.
Connecticut already has what many regionalism proponents want — shared services and regional decision-making entities. This raises the question, “Why the renewed push for regionalism?”