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Just four years after the cupboard was bare, CT is a national leader in budget reserves

While massive federal aid has helped states elevate their budget reserves above. ....

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Just four years after the cupboard was bare, CT is a national leader in budget reserves

While massive federal aid has helped states elevate their budget reserves above pre-pandemic levels, Connecticut’s fiscal safety net has few rivals, according to a new report from The Pew Charitable Trusts.

Connecticut’s $3.1 billion rainy day fund which would allow the state government to operate for nearly 70 days has been amassed almost entirely over the past four years, due to an aggressive savings program and a surging stock market, as well as federal coronavirus relief. ....

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Lamont, legislators pressed to spread the federal pandemic relief

Lamont, legislators pressed to spread the federal pandemic relief
ctmirror.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ctmirror.org Daily Mail and Mail on Sunday newspapers.

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Fighting Inequality in One of the Nation's Most Unequal States

Fighting Inequality in One of the Nation's Most Unequal States
goodmenproject.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from goodmenproject.com Daily Mail and Mail on Sunday newspapers.

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Scanlon forces Lamont to keep focused on tax fairness, relief for middle class

Scanlon forces Lamont to keep focused on tax fairness, relief for middle class
Keith M. Phaneuf, CTMirror.org
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State Rep. Sean Scanlon, D-GuilfordContributed
Gov. Ned Lamont blocked Rep. Sean Scanlon’s push this year for a major state income tax cut for Connecticut’s middle class.
But Scanlon made sure through the new state budget Lamont signed last week that Lamont won’t be forgetting it any time soon.
The two-year budget will force the administration to conduct Connecticut’s first tax fairness study in seven years, something that fiscal moderates and conservatives have blocked on several occasions since 2014. ....

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