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The state has terminated the contract of AAIS, a West Haven hazardous waste remediation company. It's ensnared in the federal investigation into former state official Konstantinos Diamantis.
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Analysts say General Fund will close with a $3.1 billion surplus next June, a 14% cushion.
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Allowable growth in next state budget could approach $1 billion as lawmakers eye more funds for towns, child care and education.
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Our weekly news roundup covers the tragic death of a state lawmaker in a wrong-way crash and the suspension of an attorney representing Alex Jones in Connecticut.
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Programs that produced billions in budget surpluses will be tested as pressure for big tax cuts grows.
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Connecticut is projected to gain tax receipts faster than its debt grows over the next budget cycle — and the trend may last longer than that.
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Connecticut lawmakers are scheduled to being a special session today (November 28th) to discuss gasoline taxes, heating-bill help, pandemic pay for essential workers and other issues.
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Report shows debt from retirement benefit, bonding programs down more than 7%, with more to come off books soon.
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The state Employees’ Review Board has dismissed a grievance filed by Konstantinos Diamantis.
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New report pushes surplus to almost $2.8 billion, suggests state finances are well prepared through 2025.