Dannel Malloy

Several Democrats broke with their party to pass a GOP budget that Gov. Dannel Malloy intends to veto.

As the capital city's bonds plunged deeper into junk, Connecticut struggled to pass a state budget.

A planned overnight short-notice vote failed to materialize amid continued tweaks.

The rating agency cited warnings by Mayor Luke Bronin that Connecticut's capital could go bankrupt in 60 days.

Bankruptcy may be the only way for Hartford to solve its financial problems, said Connecticut's governor, Dannel Malloy.

The capital city has threatened to file bankruptcy in 60 days if it doesn't get sufficient state help.

Mayor Luke Bronin told Gov. Dannel Malloy and lawmakers that Chapter 9 for Connecticut's capital is inevitable if the state cannot pass a budget.

Kevin Lembo says rating agencies are poised to hammer the state and its cities again.

Municipalities object to a report by Gov. Dannel Malloy's budget office that defends the level of state aid.

The need to close a widening deficit and backstop Hartford could pressure other cities and school districts.

The state already has budget deficit two months into the fiscal year.

The governor's adjustment protects the state's neediest districts but hits others hard.

Benjamin Barnes cited austerity measures and some revenue improvements.

The rating agency cited state budget volatility that affects local government aid.

A collaborative effort is needed to keep Hartford out of bankruptcy, Connecticut Gov. Dannel Malloy said.

Junk status underscores the need for a 'far-sighted restructuring,' according to Luke Bronin.

Malloy says he's open to revenue bonds

Barring a dramatic turn of events, Connecticut will miss its midnight budget deadline.

Chances of an on-time Connecticut spending plan faded.

Connecticut's governor asked lawmakers to consider a “mini-budget” should the state miss Friday's deadline.