by Caitlin Landers | Jun 29, 2012 | It Could Happen Here
Canada’s Parliamentary Budget Officer wants to know how the government plans to save $5.2 billion. The departments say the savings are “efficiencies,” but won’t give any more details, forcing the PBO to go to court. Parliament created the PBO because Conservatives...
by Zachary Janowski | Jun 29, 2012 | Education, Features, General
Wallingford schools will receive almost $70,000 in federal grants, according to the New Haven Register, for “electronic success programs,” teaching entrepreneurship and starting an aquaculture program. The Register reports Wallingford officials didn’t even know about...
by JR Romano | Jun 28, 2012 | Features, General
Give the governor a round of applause! He has successfully convinced the Connecticut-based Alexion Pharmaceuticals to move from one Connecticut location to…another Connecticut location. Meanwhile, the state still continues to struggle to create jobs, attract business,...
by Zachary Janowski | Jun 27, 2012 | Features, General, Taxes & Spending
Pensions for Connecticut state employees are worth nearly 50 percent of their income, according to a memo from the state Comptroller, only exceeded by the value of pensions for judges, worth about 58 percent of income. Regular state employee pensions are worth 46.01...
by Zachary Janowski | Jun 25, 2012 | Features, General
Norwalk, Conn. – State and local governments will need to disclose unfunded pension promises alongside debt on their balance sheets beginning in 2015 after an oversight board voted unanimously Monday to change relevant accounting rules. The rule change will not change...