Page 21 - Fiscal Analysis News Today

It would cost Connecticut nearly $1.9 billion over four years to cover the raises, bonuses and related costs Gov. Ned Lamont negotiated for about 46,000 state employees, nonpartisan legislative analysts reported Thursday. The package, which would force Connecticut to draw almost $300 million from its reserves, is expected to come under heavy fire Monday from Republican lawmakers. GOP leaders noted the $407 million in raises and bonuses the Democratic governor would channel annually to state work...

The legislature’s nonpartisan Office of Fiscal Analysis projected this week that the contracts Lamont struck with more than 30 state employee bargaining units would cost $1.87 billion, spread across this fiscal year and each of the next three.

Report: State workers’ raises would cost almost $1.9B- It would cost Connecticut nearly $1.9 billion over four years to cover the raises, bonuses and related costs Gov. Ned Lamont negotiated for about 46,000 state employees, nonpartisan legislative analysts reported Thursday.The package, which would force...

GOP: Raises Lamont negotiated exceed value of tax cuts for CT households.

Argentinas Central Bank (BCRA) has adjusted the basic interest rate by 250 basis points to 47% per annum in nominal terms in a move to counter the effects of rampant inflation.

A state audit of the Connecticut health insurance exchange, Access Health, found multiple security and compliance violations. But its report only outlines recommendations, rather than requiring major changes to address longstanding issues.

House Democrats are backing a plan to distribute $50 rebates to Virginia car owners as their counter to Gov. Glenn Youngkin’s gas tax rollback proposal.

The tax cuts proposed by Senate Republicans that passed the Senate on Thursday would predominantly benefit wealthier Minnesotans.

State unions ratify contracts granting raises, bonuses- More than 30 state employee bargaining units have ratified contracts that would provide more than 40,000 workers with $3,500 in bonuses by July, along with three years of raises, the State Employees Bargaining Agent Coalition announced Friday.The...

The package is expected to spark a partisan battle in legislature.