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With competing party-line legislative budgets, a rebuke of both by the governor and a worsening deficit projection, the state is careening toward more fiscal turmoil and further backlash from Wall Street.
April 23 -
Hartford Mayor Luke Bronin struck a guardedly optimistic tone as he released a $567.3 million budget plan.
April 17 -
The rating actions came after the state agreed to assume the city's GO debt.
April 16 -
Proponents call the move the right medicine for ailing Connecticut, while opponents say the measures are overly restrictive.
March 29 -
Restructuring expert Michael Imber says momentum is building for such a strategy, which he says could improve the state's funding ratio.
March 29 -
The state, after multiple rating downgrades and facing budget strife, declining revenue and a pension funding dispute, plans a GO new-money and refunding sale.
March 23 -
While Gov. Dannel Malloy and lawmakers study recommendations from a state panel, Nuveen warned that the state’s bond rating could plummet further.
March 7 -
“We’re getting our ass kicked," the Gov. Dannel Malloy said, pitching a widening of the state's most congested highway.
March 1 -
Connecticut Treasurer Denise Nappier told lawmakers that Gov. Dannel Malloy's plan to push out payments would violate a bond covenant.
February 26 -
Still dusting themselves off from last year’s budget chaos, Gov. Dannel Malloy and Connecticut lawmakers reconvene to grasp a glaring transportation fund crisis.
February 9