Connecticut

Stephen Eide of the Manhattan Institute explores the unfunded liability problems in the state's biggest communities. Paul Burton hosts.

The pension funding problems reflect several decades of underpayments, said Rep. Jonathan Steinberg, who chairs a commission formed to tackle the problem.

Tax Reform 2.0 would make permanent the lower individual tax rates in last year’s Tax Cuts and Jobs Act that are scheduled to expire in 2025.

S&P Global Ratings lowered the Connecticut city to BBB-plus from A-minus, and Fitch Ratings dropped the city to BBB from A-minus.

The city of Norwalk successfully executed a $30 million municipal bond sale to pay for city, school and redevelopment capital projects.

A Civil War-era revenue measure is the centerpiece of the arguments in the lawsuit filed by four northeastern states.

Luke Bronin, in an interview at the Brookings Municipal Finance Conference, said Connecticut's capital city is "in a stronger position than we’ve been in a long time."

The combined $10 million payment by Aetna, The Hartford and Travelers is a positive for Connecticut's struggling capital, according to Moody's Investors Service.

Danbury, Connecticut, has launched an investor relations website, BuyDanburyBonds.com, in advance of a $39 million sale of bonds and notes.

Better management may not be enough for Hartford and other Connecticut cities, says the Manhattan Institute.