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Hartford, Conn. – Question 1: Connecticut needs $8.8 billion to balance its budget. Should the state A) raise taxes or B) cut spending? Democrats, who control two-thirds of the legislature, say the answer is both of the above. But Governor Jodi Rell, a Republican, says raising taxes is the wrong choice. On prudence, Rell scores high: Raising taxes will slow the recovery, so the state should cut spending instead...

Author: By Brian J. Bolduc | Title: Fuzzy Math | 7/1/2009 | See Source »

...Republicans, however, fear the rich will skedaddle. “The wealthy can move their tax home easily,” said State Representative Pam Sawyer, a Republican. Democrats are skeptical. “No one is going to move out of the state because we have an income tax of 6.5 percent. New Jersey is almost 9 percent or more. Massachusetts has a capital gains tax; we got rid of that,” said Barry. He has a point. Few people will move from Connecticut because of these changes...

Author: By Brian J. Bolduc | Title: Fuzzy Math | 7/1/2009 | See Source »

...Starting in 2012, we have another $4 billion deficit,” warned State Senator Dan Debicella, a Republican. Any estimate of the deficit's size, however, depends on your expectations. “We are operating on the assumption that in a couple of years the economy will come back,” Handley admited. In that case, legislators will be able to lower taxes. This assumption is reasonable, but risky. Higher taxes will scare businesses from Connecticut, slowing the recovery. And when the economy rebounds, stuffed coffers will tempt legislators to spend even more...

Author: By Brian J. Bolduc | Title: Fuzzy Math | 7/1/2009 | See Source »

...nation as a whole, there are two Californias. Historically, there was the liberal north versus the conservative south. Since the days of Governors Pat Brown and Ronald Reagan, the clash has been between older, predominately Anglo voters, living in the suburbs and rural counties and largely voting Republican, and younger voters, more likely to be Asian or Latino or black or Middle Eastern, who are more prevalent in California's urban centers and hip suburbs and who predominantly support Democrats. As the state's population has become diverse and Anglo voters have seen their own children grow up and leave...

Author: /time Magazine | Title: How California's Fiscal Woes Began: A Crisis 30 Years in the Making | 7/1/2009 | See Source »

...Despondent Republican staffers privately concede that Sotomayor's long record on the Second Circuit Court of Appeals; her background as a prosecutor, corporate lawyer and judge; and the political danger of attacking a Hispanic nominee make President Barack Obama's first pick for the court all but a shoo-in when confirmation hearings begin on July 13. But members of the Supreme Court bar and clerks who have worked there say the opinion in the Ricci case (named for one of the New Haven firefighters who brought the lawsuit) offers an advance look at Sotomayor's future relations with conservative...

Author: /time Magazine | Title: What the Court's Firefighter Ruling Means for Sotomayor | 6/30/2009 | See Source »

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