Where We Live
9:00 am
Tue January 28, 2014

In Rebuilding Reserve Funds, Where Does Connecticut Stand?

Before the last recession, Connecticut's rainy day fund was substantial, but it's depleted in recent years.
Before the last recession, Connecticut's rainy day fund was substantial, but it's depleted in recent years.
Credit The Pew Charitable Trusts

Last year, The Pew Charitable Trusts analyzed the fiscal data for all 50 states. They used several markers to rank the states, including the amount of money in reserve funds, sometimes known as rainy day funds. Connecticut’s rainy day fund is among the lowest in the nation. The highest? Alaska.

This hour, we find out how states like Alaska got so far ahead, while Connecticut fell so far behind.

GUESTS:

  • Barbara Rosewicz​ - Research Director at The Pew Charitable Trusts
  • Keith Phaneuf​ - Budget Reporter for The Connecticut Mirror
  • Sen. John Coghill - Alaska State Senator 

Related Program