Rell
Governor Rell is proposing steps to reduce the budget gap:
In an attempt to halt the 2010 budget’s slide into deficit, Gov. M. Jodi Rell released a $337 million package of proposed budget cuts Tuesday afternoon, slashing funding to programs for the poor and sick, local governments and state agencies….
“It is deeply painful even to suggest [...]
She will be remembered well. Lt. Gov. Fedele will definitely be a candidate, as he states in this Channel 8 video.
Whoever wins will need our prayers for the thankless task that awaits – dealing with Connecticut’s seemingly intractable budgetary and revenue problems.
The Courant’s Rick Green opines that incumbents like Mr. Dodd and Mrs. Rell are in trouble as unemployment here will hit 10% in 2010. Quoting Mrs. Rell’s top economic advisor:
Delinquency rates on single-family mortgages have risen four-fold since 2006, and consumers are spending less and saving more given overall economic uncertainty. This means continued pressure [...]
Continue reading about Connecticut incumbents looking at tough road next year
Governor Rell will allow the budget which has been passed by the Legislature to take effect. From Mrs. Rell’s press release:
“Democrats have repeatedly called this budget a ‘compromise,’” Governor Rell said. “It is hardly a compromise. Last week I put a new budget proposal on the table – my fourth – in which I accepted [...]
Continue reading about Governor Rell will let budget take effect with few changes
Still operating without a budget, but at least the two sides are agreed on the size of the budget deficit. From the Courant:
It’s $8.558 billion — which is different from the $8.7 billion that was originally projected by the legislature’s nonpartisan fiscal office and far different from Rell’s original $6 billion estimate.
Even though the two [...]
Continue reading about Rell, Legislators agree on deficit – will progress follow?
Governor Rell has signed an Executive Order (read here as a PDF) which keeps the State running. Quoted in the Courant, Mrs. Rell said,
Rell said Tuesday that while the negotiations continue, “first and foremost, people should rest assured that state government will continue to operate — services will be delivered; we will care for the [...]
More meetings to come on Monday, and the current fiscal year ends Tuesday. Remember to pray for the State budget and deficit. More here from WCBS radio:
No Deal after Three Hour Meeting on Connecticut Budget.
Continue reading about Still no deal after meeting on Connecticut Budget
Power Line reports on the budget controversy in Minnesota, where the fur is flying.
Republicans are out of power in Washington and many other places around the country. They’re out of power here in Minnesota, too, except for Governor Tim Pawlenty. But in this case, one man has been enough–Pawlenty has faced down the Democrats and [...]
I have very little idea – and neither do you. What is certain is that there will be a lot more bloodletting before it’s over. Here’s an interesting map of the Governor’s proposed cuts (caveat: prepared by Senate Democrats). Hat tip: Connecticut Local Politics.
View Governor Rell’s Proposed Cuts in a larger map
Continue reading about What will the State budget look like?
Annoyingly clear thinking from Don Pesci:
The rich ain’t gonna get us out of this ditch.
Here’s why: The real problem in Connecticut has been caused by accumulative excessive spending, a problem only a brave few in the legislature want to solve.
Prove it, doubters say. The proof is in the astounding growth of the bottom line of [...]
Continue reading about The bottom line swells, and swells, and…
