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Connecticut Gov. Ned Lamont said at a press briefing in Hartford on Monday that the state has partnered with the national nonprofit Undue Medical Debt to pay off $30 million in medical debts.
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On Monday, Connecticut lawmakers and budget officials announced that the state had paid billions of dollars in pension debt over the last few years. The state has some of the highest pension debt in the country.
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State Treasurer Erick Russell (D) spoke about Connecticut's historic pension debt at the state’s Government Finance Officers Association and Public Pension Forum's Fall Conference.
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A Stamford woman is suing Connecticut after it tried to collect inheritance money it says she owed for a prison term.
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Connecticut is on track to gain tax receipts faster than its debt grows in 2023-24 — meaning money for other priorities may become available.
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Nearly 10,000 low-income PSEG Long Island and National Grid customers have the opportunity to eliminate their utility debt through a new state program in New York.
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According to New York Comptroller Thomas DiNapoli’s annual report, the MTA’s debt service is expected to grow 55% over the next 10 years.
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Critics say Connecticut must spend more in response to the coronavirus pandemic.
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Cash-strapped towns and cities in Connecticut can take advantage of a new $2 billion, 10-year competitive state bond program aimed at distressed communities.
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The state of Connecticut is paying down more than $1.6 billion toward its long-term pension debt, which is the largest such payment in state history.The…