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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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Delay in creating different rates for lower-income customers in CT is raising concerns among lawmakers.
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As Eversource asked for a big rate increase, Gov. Lamont underscored the need for more assistance to consumers.
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Airlines and travel websites say that bookings for holiday travel are strong despite higher airfares, as pandemic-weary travelers seem willing to pay.
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The IRS is increasing energy-related tax breaks, as well as standard deductions for single and married people and heads of households.
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Connecticut has saved $9 billion since 2017, but some say the budget constraints need to be loosened.
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National Grid and other utilities warned of significant rate increases across the state
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The Federal Reserve raised interest rates by another 0.75 percentage points today, as it tries to control runaway prices. The central bank also signaled that additional rate hikes are likely.
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According to a survey of over 4,000 businesses by the Connecticut Restaurant Association, 43% of restaurant owners said business conditions are worse now than they were three months ago and are having difficulties rebounding from COVID-19.
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AAA reports Connecticut gas prices continue to fall after a record high in June.