Archive for May 18th, 2017

Connecticut’s Collapsing Credit Rating


Thursday May 18th, 2017   •   Posted by Craig Eyermann at 6:09am PST   •   1 Comment

The state of Connecticut’s fiscal outlook took a sharp turn for the worse this week. Following the state’s sharp plunge in income tax revenues earlier this month, which prompted the state to completely drain its rainy day fund and to modestly cut the state government’s budget, the state’s growing debt burden and pension liabilities...
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