PNS National Newscast

Audio Activation
"Siri, play the Public News Service (podcast)"
"Hey Google, play the Public News Service podcast"
"Alexa, play Public News Service podcast"
or "Alexa, what's my news flash?" once you set it up in the Alexa app

2020Talks

Audio Activation
"Siri, play the 2020Talks podcast"
"Hey Google, play the 2020Talks podcast"
"Alexa, play Two-Thousand-Twenty Talks podcast"
or "Alexa, what's my news flash?" once you set it up in the Alexa app

Newscasts

PNS Daily Newscast - August 13, 2020 


Minutes after Biden selected Harris as VP, she throws first punch at Trump; teachers raise their hands with safety concerns.


2020Talks - August 13, 2020 


Joe Biden and Kamala Harris make their first public appearance as running mates. President Trump calls Georgia's Marjorie Taylor Greene a GOP "star," despite her support for conspiracy theory QAnon.

CT Legislators Urged to Include New Revenue in Budget

Connecticut legislators must close a $3 billion budget deficit over the next two fiscal years. (Jim Bowen/Flickr)
Connecticut legislators must close a $3 billion budget deficit over the next two fiscal years. (Jim Bowen/Flickr)
January 18, 2017

NEW HAVEN, Conn. – New revenue will be vital to Connecticut's long-term economic health, that's according to a new report by children's advocates. Last year, legislators relied entirely on cuts totaling some $850 million to balance the state budget.

But Derek Thomas, a fiscal policy fellow at Connecticut Voices for Children, says with a looming $3 billion deficit over the next two fiscal years, lawmakers can no longer rely on cuts alone.

"Our recommendations look to invest in Connecticut's future by modernizing an outdated sales tax system, strengthening taxes on corporations, and reforming wealth and income taxes," he explained.

The report says with increased revenue, strategic investments and smaller budget cuts, the governor and the legislature can balance the budget and improve prospects for the future.

Thomas notes that sales taxes once generated almost a third of total general fund revenue. But after years of shifting consumer spending patterns, in 2015 it represented just over one-quarter.

"Modernizing the sales tax to include services could generate up to $1.5 billion annually, while also ensuring a tax system that thrives in a modern economy," he said.

Services would include items like dry cleaning, limousine rentals and tennis lessons.

Raising income taxes on Connecticut's top earners by one-half of one percent would generate almost $240 million. Thomas adds imposing a fee on corporations paying workers less than $15 an hour could bring in more than $300 million to fund critical programs.

"That would help reduce the strain on some of the programs, such as child care, Earned Income Tax Credit or Medicaid, that their employees are relying on," he added.

The report is based on discussion and recommendations of a panel of tax experts that spent two years evaluating Connecticut's state and local taxes.

Andrea Sears, Public News Service - CT