budgets

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Tourism and the arts took a hit in the budget adjustment agreed on by Governor Dannel Malloy and the legislature in special session earlier this week. The adjustment was needed to fill a $350 million hole in the state budget.

Michelle Lee flickr.com/photos/michellerlee/7610741336 / Creative Commons

The Connecticut General Assembly approved a $350 million plan to close the budget deficit in the current $20 billion state budget.

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Voters will have to wait to possibly change Connecticut's constitution to ensure transportation revenues are spent only on transportation projects.

Chion Wolf / WNPR

Senate Majority Leader Bob Duff said there's "general agreement on the parameters" of a deal to cover Connecticut's current budget shortfall. 

Michelle Lee / Creative Commons

Governor Dannel Malloy is calling Connecticut lawmakers back to the Capitol for a special legislative session on the state budget shortfall, even though a bipartisan agreement hasn't been reached. 

Ryan Caron King / WNPR

Lawmakers are gearing up for a special session later this month as leaders continue to discuss a new budget agreement. The whole process is plagued by uncertainty though. How much is the budget shortfall? What corporations will have a presence in the state? Our weekly news roundtable The Wheelhouse will have its own budget talk.

Puerto Rico has managed to make a payment due today on its bond debt, but officials are warning that the commonwealth's fiscal position remains tenuous.

As a result, the government will have to pay for essential government services by using money budgeted for upcoming debt payments, said Melba Acosta Febo, president of the Government Development Bank for Puerto Rico, in a statement. She added:

Nick Richards flickr.com/photos/nedrichards/38534028 / Creative Commons

Connecticut's largest business organization is launching a radio ad campaign, urging state lawmakers and Governor Dannel Malloy to find substantial, long-term solutions to the state's budget woes.

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Connecticut's legislative leaders said they're considering a possible special legislative session during the second week of December to address Connecticut's budget shortfall.

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Will state lawmakers have a budget deal in place to be thankful for on Thursday? Our weekly news roundtable The Wheelhouse will bring you updates from the state capitol where time ticks away for an agreement on how to fix the state budget. 

Ryan Caron King / WNPR

A proposal by Democratic state legislators to suspend Connecticut’s public campaign financing system for the 2016 elections was criticized by election reform advocates this week. Republican legislative leaders, too, expressed their skepticism that it would make a difference during an appearance on WNPR.

Chion Wolf / WNPR

State Republicans have long been asking to be "at the table" in budget negotiations. Now, with a massive deficit, they are finally getting what they wished for and they announced their proposed fixes. "We not only fix the problem we’re in now because that’s our statutory obligation, but we make structural changes so this state can sustain itself not for the next month, not the next six months, but for generations to come," said House minority leader Themis Klarides. 

Chion Wolf / WNPR

Governor Dannel Malloy is offering a long list of spending items that lawmakers can cut to help balance the state budget.

Ryan Caron King / WNPR

Governor Dannel Malloy has rolled out more support for his fresh look at the Connecticut state pensions system, but he’s still getting pushback from some of the state's constitutional officers.

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As state leaders meet to try to close a $370 million budget shortfall, advocates for transportation funding say they still believe a lockbox is essential to revamping the state’s infrastructure.

Ryan Caron King / WNPR

The Connecticut Hospital Association launched a new digital campaign this week decrying Governor Dannel Malloy's proposed cuts to hospitals.

Ryan Caron King / WNPR

The budget talks now have a number. Legislative leaders and Governor Dannel Malloy have agreed -- roughly -- on the size of Connecticut budget hole. 

The Senate passed a bill at 3:12 a.m. ET Friday that would raise the debt ceiling and fund the government into 2017. This means that there would be no fiscal standoffs and threats of government shutdown for more than a year.

The measure is now on its way to the White House for President Obama's signature, NPR's Ailsa Chang reports for the Newscast unit:

"For months, there was real concern the looming Nov. 3 deadline to lift the debt ceiling was going to send Congress into crisis mode, right when it was picking a new speaker of the House.

Ryan Caron King / WNPR

In the middle of bipartisan negotiations with state lawmakers over a gap in the current year budget, Governor Dannel Malloy's administration unveiled a new series of measures aimed at making the state budget more sustainable in the long run. But the problem and the fix are so complicated that he called it "a little mind-bending" in a meeting with reporters.

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This week, legislative leaders met with Governor Dannel Malloy to talk about the state's budget deficit. This hour, we review those talks with a panel of Capitol reporters.

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State legislators and Governor Dannel Malloy said they still need to agree on the size of Connecticut's current budget deficit before bipartisan talks can produce a plan to balance the state's books. 

Chion Wolf / WNPR

After weeks of dismissing the idea of a special session, more bad budget news is pushing Governor Dannel Malloy in that direction. On our weekly news roundtable The Wheelhouse, we discuss this and all the week's news, including an update on a plan by the state's Board of Regents that has professors fighting mad.

Ryan Caron King / WNPR

Governor Dannel Malloy is calling the leadership of both parties in the General Assembly to meet him for talks on the state's budget crisis. 

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Connecticut is "The Land of Steady Habits," which is why our state budget remains in a state of permanent crisis. Recently, Governor Dan Malloy made emergency cuts to the budget and targeted hospital funding and social services. He was on Where We Live this week and defended his actions and drew more criticism from the hospital community.

Chion Wolf / WNPR

Governor Dannel Malloy has not ruled out making savings in labor costs to help balance the state’s budget. Speaking on WNPR’s Where We Live, the governor said his administration will look for realism in upcoming negotiations with state labor unions.

Chion Wolf / WNPR

Governor Dannel Malloy is less than a year into his second term in office and it doesn’t look like it will be any easier than the first term.

The budget remains in a state of permanent fiscal crisis, forcing a $100 million cut to the budget, just months into a new fiscal year. Those cuts, especially the ones hitting social services and hospitals, have been criticized by Republicans and Democrats alike, and there are calls from editorial boards for a special session to reinstate some of the funding and find new ways to plug budget holes. 

Updated 8:30 p.m. ET

The bill to fund the government through Dec. 11 has been signed into law by President Obama. That beats the midnight deadline for keeping government agencies operating.

Earlier in the day, the Senate and the House passed the bill, which does not strip funding from Planned Parenthood.

Remember, some House Republicans had insisted on no payments to Planned Parenthood before they would vote to extend funding for the whole government.

NPR's Ailsa Chang reported on the bill's progress for our Newscast unit:

Uma Ramiah / WNPR

It turns out that state budget chief Ben Barnes was being dead serious when he said Connecticut was in "permanent fiscal crisis." Recent budget cuts have caused an uproar among hospitals, which get hit hard.

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The annual cost to operate Connecticut's bus-only system is rising as transit planners build out the route beyond its Hartford-to-New Britain corridor.

Devon Puglia / State of Connecticut

Gov. Dannel Malloy is on the offensive over CEO compensation at the state's hospitals, as criticism of his Medicaid cuts mounts.

Malloy spoke to reporters after a State Bond Commission meeting in Hartford on Tuesday. He was questioned about recent cuts he made of more than $63 million to state Medicaid reimbursement.

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