In The News

National study assesses state standing for child welfare, including successes and struggles

July 20, 2021 • Education & Employment

(WTNH) — In a recent national study, Connecticut ranked 8th for child welfare. In fact, the state is #1 in the number of young children enrolled in school. However, the results are a pre-pandemic “snapshot” of where the state is doing well and where we are at risk. The study, run by The Annie ...

Authors: Rich Coppola •  Source: WTNH • View

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Editorial: Pension outlook improves, at least a bit

July 19, 2021 • Fiscal & Economics

By The Day Editorial Board In 2014, The Day published a series of stories that revealed the seriousness of the pension crisis confronting Connecticut. For decades state elected leaders had negotiated labor contracts with state workers committing Connecticut taxpayers to provide generous pension pay...

Authors: The Day Editorial Board   •  Source: The Day • View

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Connecticut baby bonds program is treasurer’s ‘passion project’

July 16, 2021 • Fiscal & Economics

Connecticut Treasurer Shawn Wooden grew up in Hartford’s impoverished North End. “I know how the cycle of poverty helped push people back,” he said. That helped shape his push for his “passion project” for the past legislative session — CT Baby Bonds. The program, which Wooden calls firs...

Source: Bond Buyer • View

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Lembo: Extra pension payments mean big savings now — and down the road

July 15, 2021 • Fiscal & Economics

While Connecticut wiped out $1.25 billion of its massive, long-term pension debt this month, it still has decades to go to cover the remainder — nearly $40 billion. But the one benefit will be felt right away. The supplemental payment frees up $110 million Connecticut now can spend annually on som...

Authors: Keith M. Phaneuf •  Source: Connecticut Mirror • View

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The coronavirus pandemic led to joblessness and food lines. A Bridgeport mother is hoping President Biden’s plan to cut child poverty will help her “catch up on all these bills”

July 4, 2021 • Fiscal & Economics

Tamika Grace has barely caught her breath since the COVID-19 pandemic hit. A single mother of two young daughters, the 43-year-old Bridgeport woman has had to navigate a year of remote schooling, reduced work hours and unexpected expenses. Grace was temporarily laid off from her job in childcare due...

Authors: Eliza Fawcett •  Source: The Hartford Courant • View

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Scanlon forces Lamont to keep focused on tax fairness, relief for middle class: State budget forces administration to conduct tax fairness study

June 29, 2021 • Fiscal & Economics

Gov. Ned Lamont blocked Rep. Sean Scanlon’s push this year for a major state income tax cut for Connecticut’s middle class. But Scanlon made sure — through the new state budget Lamont signed last week — that Lamont won’t be forgetting it any time soon. The two-year budget will force the ad...

Authors: Keith M. Phaneuf •  Source: Connecticut Mirror • View

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Child Advocates In Connecticut Want The COVID Child Tax Credits To Be Permanent

June 21, 2021 • Fiscal & Economics

A Connecticut child advocacy group wants a permanent expansion of the federal tax credit that gives direct payments to eligible low income parents. A report released early this year by the Annie E. Casey Foundation found that Connecticut’s slow recovery from the Great Recession meant that low in...

Authors: Ebong Udoma •  Source: WSHU • View

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Treasurer Wooden’s Baby Bonds Proposal Makes History

June 18, 2021 • Fiscal & Economics

The first-of-its-kind program directly addresses the racial wealth gap while investing in the state’s long-term economic growth. Press release from the Treasurer’s Office: June 18, 2021 Connecticut State Treasurer Shawn T. Wooden celebrates Connecticut making history by passing CT Baby B...

Authors: Treasurer Wooden's Office •  Source: • View

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Sen. Chris Murphy, others reintroduce legislation to increase counselors in schools

A Connecticut politician is proposing federal legislation to prioritize resources for counselors — before police — in schools. Sen. Chris Murphy, D-Conn., with colleagues in the Senate and House, is reintroducing The Counseling Not Criminalization in Schools Act, which directs billions in federa...

Authors: Cayla Bamberger •  Source: NewsTimes • View

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Baby Bonds Bill Passed to Aid Savings for Low-income Families

June 15, 2021 • Fiscal & Economics

Connecticut children born into low-income families are poised to receive a government-funded savings account that could provide them with as much as $10,600 by the time they turn 18. The legislature approved the proposal on Wednesday as part of the general bonding bill, which still needs to be signe...

Authors: Emilia Otte •  Source: CT Examiner • View

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