Topic: Connecticut
NEW YORK (Reuters) - Connecticut's public employee unions have rejected an offer by Governor Dannel Malloy for a cost-cutting labor accord that would not involve any layoffs, meaning that a $1.6 billion gap in the two-year budget will have to be filled ...
Economist Fred Carstensen is a professor of economics at the University of Connecticut and executive director of the university's Center for Economic Analysis.. There were 10,000 government layoffs in June, and Congress has failed to react. Also, Congress has not passed additional ...
NEW YORK (Reuters) - Connecticut's bankers and brokers whose employers took federal bailout money were spared a new state tax on bonuses that top $500,000 a year after Governor Jodi Rell vetoed the new levy.The Republican governor in a statement on Wednesday ...
NEW YORK (Reuters) - Connecticut should end the current fiscal year with a $105 million surplus, thanks partly to a deficit-cutting plan, but the state will have to close total of $4.5 billion of budget gaps over the next two years, the ...
States faced record budget shortfalls in 2009, but wholesale changes to the state tax framework remained rare. States once again turned to sin taxes as a means of targeting what some may view as socially irresponsible behavior to both suppress the activity ...
This week, Sen. Christopher Dodd (D., Conn.) introduced a new version of financial reform legislation intended to prevent future financial crises by putting new limits on banks and creating a Financial Stability Oversight Council. com spoke with Professor Richard Sylla of New ...
THE SENATE BANKING COMMITTEE UNDER Chairman Chris Dodd (D., Conn.) last week was considering whether to force broker-dealers and insurers to follow the same fiduciary standards as investment advisors.. "It's like being on the side of the angels," says Burt Greenwald of ...
States faced record budget shortfalls in 2009, but wholesale changes to the state tax framework remained rare. States once again turned to sin taxes as a means of targeting what some may view as socially irresponsible behavior to both suppress the activity ...
Businesses face rising unemployment insurance taxes as job market struggles to recoverAs if small businesses needed another reason not to hire, consider their latest financial burden: "_ Sam Schlosser, owner of Plymouth Foundry Inc. in Plymouth, Ind., said his unemployment tax bill ...
First American CoreLogic has taken a look at the effect of the government's efforts to drive down mortgage interest rates, which, among other things, makes for easier refinancing. Reconcile this with one of the headlines on the site of Connecticut's new candidate ...