With realistic accounting assumptions, Connecticut's unfunded public pension liabilities exceed $60B, $20B more than the state reports. The paper also compares lifetime public and private sector compensation in Connecticut and sets forth options the state has for reducing its liabilities.
Governor Malloy’s 2013 state of the state address included assertions about Connecticut’s budget and economy that were, to say the least, dubious. Here is a fact-check of his most questionable claims.
On Thursday, Governor Malloy signed an executive order creating a nine-person panel to review the effectiveness of tax credits in creating jobs.
Covers $200M deficit from previous fiscal year through borrowing; adds $143M of new spending for coming fiscal year.
This paper discusses the limits of Connecticut's ability to raise revenue through income tax increases given the state's highly mobile tax base.
Part of the CPI’s lunch briefing and policy discussion series, this briefing will review the most important developments of the 2013 CT legislative session, placing them in the context of the broader direction of Connecticut government over the last few years.