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budgets

Wealthy Americans may get a new conduit for political money in the tax overhaul bill now being reconciled on Capitol Hill.

A small provision in the House version of the bill would let big donors secretly give unlimited amounts to independent political groups — and write off the contributions as charitable gifts.

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More than 100,000 people who could lose state payments to help them afford Medicare-related expenses will now have a two-month reprieve. 

Republicans lawmakers are considering a federal budget "trigger" that would raise taxes if proposed tax cuts don't deliver the economic growth they have promised.

But the proposal is generating a lot of pushback from critics, especially conservatives.

The so-called trigger mechanism would be a legislative provision to rescind corporate tax cuts by as much as $350 billion if revenue targets are not met, Bloomberg News reports.

The state bond commission greenlighted $40 million for repairs to the aging XL Center in Hartford. The venue itself is to be put up for sale to a private investor by 2019, once improvements are made.

Chion Wolf / WNPR

Connecticut Attorney General George Jepsen announced this week that he will not be seeking a third term. This leaves two huge holes to fill - AG and Governor - with no clear front-runners.

Legislative leaders in Connecticut are to meet this week to discuss the state’s continued fiscal problems despite having recently passed a bipartisan budget.  

Olin Gilbert, creative commons

Allegations against Alabama Republican Roy Moore -- who is accused of sexual misconduct with minors -- don't seem to be stopping his bid for the U.S. Senate. On Tuesday, President Trump openly endorsed him, saying we should believe Moore because "he said it didn't happen." 

Senate Republicans hope to vote after Thanksgiving on a sweeping tax overhaul plan that they say will cut taxes for nearly every individual and family in America. The bill calls for those cuts to last only for the next eight years, unless history is a guide.

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Attorney General - and former Senator - Jeff Sessions has spent more time on Capitol Hill than he’d like over the last few months, again facing tough questioning about what he did and didn’t know about contacts between Russia and the Trump campaign he was a part of. 

Harriet Jones / WNPR

Hartford appears to have escaped the imminent risk of bankruptcy, at least temporarily, with the passage of a state budget. But one ratings agency says it’s what happens next that really counts. 

Harriet Jones / WNPR

Governor Dannel Malloy has condemned the legislature’s decision to take over control of the CT-N public affairs network as “despicable.” 

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CT-N, the network which has covered all of the doings of the state legislature for almost 20 years, will go dark as of 5:00 pm Friday. 

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It may be four months late, but Connecticut now has a new biennium budget.

jglazer75 / Wikimedia Commons

Connecticut finally has a budget.  

After nearly four months of gridlock amidst a growing fiscal crisis--the CT General Assembly last Thursday passed a bipartisan budget.

Mamata.mulay / Creative Commons

State lawmakers have passed a bipartisan compromise budget bill. But the legislature's work on the bill may not be done yet. 

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