Massachusetts, Connecticut Weight Options in Growing Rainy-Day Funds

Piazza, Johanna
May 2004
Bond Buyer;5/6/2004, Vol. 348 Issue 31878, p36
Trade Publication
Reports on the efforts of Massachusetts and Connecticut lawmakers to strengthen their respective rainy day reserve funds. Massachusetts House Speaker Thomas Finneran's proposed legislation that would amend the state constitution to create a permanent rainy day fund; State comptroller Nancy Wyman's criticism of the Connecticut legislature for drafting a budget that spends away the majority of the state's projected surplus rather than contribute to the state's empty reserve fund.


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