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.

State Sen. Scott Frantz examines Connecticut's budget and stringent bond provisions that he says give investors "a sense of empowerment." Paul Burton hosts.

Illinois and Pennsylvania are the only two with a negative rating outlook, Fitch Ratings said Tuesday.

Only nine states reported making midyear budget cuts totaling $830 million this year compared to 22 states that cut $3.5 billion in 2017.

Fiscal restraints under a new bond covenant contributed to strong demand for a state GO sale, said state Treasurer Denise Nappier.

Sean Crawford, who arrived from New York MTA, resigned 10 days into the job.

Diverging economies and operating predictability shape the differences between the New England neighbors, said S&P.

Spending restrictions attached to a $500 million GO sale have triggered discussion over their effects on the state’s wobbly ratings.

New York, New Jersey and Connecticut are the first states to have created charitable funds that taxpayers can contribute to in order to claim a charitable deduction in lieu of paying state and local taxes.

The covenant commits the state to four financial-restraint measures that lawmakers passed.

The IRS notice warns that federal law, not state law, controls how payments for federal income tax purposes are characterized.