Connecticut

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.