Archive for the ‘Dannel P. Malloy’ Category

Orange, Stratford firms get small business loans, grants

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An Orange health-food manufacturer and a Stratford printer are among five small businesses receiving more than a million dollars in funding from the state’s Small Business Express Program, Gov. Dannel P. Malloy announced Friday.

“From entrepreneurs creating cutting edge products in emerging industries to business leaders looking to expand long-standing companies, EXP is a program that demonstrates the state’s commitment to Connecticut’s small companies and their role in creating and protecting the jobs that will strengthen our economy,” the governor said in a statement.

 Nature’s First, Inc. of Orange will keep four jobs and create two new ones under the terms of the program. Its clients include While Foods, Stop & Shop and other regional retailers. The firm plans to leverage an investment of $370,000 with a $100,000 state loan and a $100,000 matching grant.

Jupiter Communications, LLC of Stratford, a 50-year-old printing company focused on financial publishing, is investing $180,000 and is getting a $100,000 grant to help purchase new equipment that will bring back work that is currently out-sourced. The firm plans to retain 10 jobs and create two more.

A weekend off? Ha! Malloy out of town, again, this time for the NGA.

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 Governor Dannel P. Malloy is out of state this weekend for the 2012 National Governors Association (NGA) Winter Meeting in the District of Columbia.

On Saturday, he’ll attend the opening session, “Growing State Economies,” at 11 o’clock in the Marriott on Pennsylvania Avenue. Policy wonks in the crowd and if you’re reading this you are guilty, guilty, guilty, can watch it live on C-SPAN.

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Chris Shays gives Malloy’s budget speech good grades, but warns of wealth migration from CT

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Former Connecticut House member Chris Shays was in the historic House chamber this afternoon for Gov. Dannel Malloy’s budget address. “I thought the governor gave a terrific speech,” said Shays, who is vying with Linda McMahon for the GOP’s U.S. Senate nomination. “I thought it was decisive. I thought it showed leadership. And the real question is how well can both sides work together? The big challenge that this state has – and I think the governor knows it but I’m not sure the majority in the Legislature knows it – that when you tax wealth and you tax jobs they leave. So that’s the one thing they’re going to have to sort out. Too many people are leaving the state because other states are more attractive economically. Candidly, I’ve been speaking to folks in terms of supporting my campaign and now their legal address is in Wyoming or Florida. And I know people who have shut down their businesses. And I know that certain states are targeting us like Florida and Wyoming where the governors are actually calling businesses here. You can micromanage and try to incentivize businesses here, but overall you’ve got to find a way to get the overall tax rate down on employers. But this was a decisive speech. It was clear that he’s isolated the problems that he wants to address and I think people should respect that.”

Malloy reflects on eve of second budget address

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Gov. Dannel P. Malloy, speaking this afternoon to reporters at CCSU: “We have traversed a tremendous amount of territory in the last 13 months, going from a state where we had the largest per-capita deficit in the nation, to a point where we established our means and we’re going to live within them. I have said this from Day One: I manage for long-term results hoping that there is a short-term byproduct. And we’re going to continue to manage on a long-term basis. Education reform, a package will be adopted this year. The full impact of that package won’t be understood for several years to come. We manage for long-term results, not short-term results. I didn’t manage for short-term results when I was a mayor for 14 years and I’m not going to switch and manage for short-term results as governor. I’m going to do what I think is the right thing to do, whether it’s popular or not, and try to move the state forward.”

Conservative Yankee Institute poll: Obama beats Romney by 13 points; Malloy approval at 51 percent

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The Yankee Institute’s poll of 500 “likely” Connecticut voters has found that President Obama would defeat Mitt Romney 50-37 percent; US Rep. Chris Murphy has a 49-40 percent edge over Republican Linda McMahon in a US Senate scenario, while Chris Shays would lose to Murphy by 45-39 percent.

The poll, released in the Capitol a few minutes ago, pegs Gov. Dannel Malloy’s approval rating at 51 percent. The margin of error in the small sampling is plus or minus 4.5 percent.

Republicans say Dems on same page when it comes to deficit forecast

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Senate Minority Leader John McKinney wasn’t surprised that Democratic Comptroller Kevin Lembo’s monthly budget forecast (a $74-million deficit for the fiscal year ending June 30) coincides with the Office of Policy and Management. Speaking after an unrelated news conference, McKinney, R-Fairfield, told a handful of reporters that Lembo’s agreement with the governor’s budget office is a “dog bites man” story. “There’s no there there, ” he said. “It’s interesting to note that historically, when we had a Democrat comptroller and a Republican governor, there were often many differences. I don’t expect there ever to be any differences.” McKinney said he trusts the nonpartisan Office of Fiscal Analysis projection of a $144.5-million deficit. Last week Gov. Dannel Malloy ordered $79 million in spending reductions and there is an $82 million salary cushion that could become more savings if new employees are not hired. ”I think the OFA numbers are between than what we’ve seen from OPM and the comptroller and that’s we should be working on and the governor should offer a deficit-mitigation plan to get our budget balanced.”

Gov. Malloy rooting for Giants to win Super Bowl

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Gov. Dannel P. Malloy will be rooting for the New York Giants to beat the New England Patriots in the Super Bowl in two weeks, he said in an interview Monday morning with WCBS 880′s Pat Farnack.

The Giants won 20-17 in overtime against the San Francisco Giants on Sunday, hours after the Patriots survived against the Baltimore Ravens 23-20.

Malloy, who worked as a prosecutor in New York but attended college in Boston, said the Super Bowl is going to be good for the business in Connecticut no matter who wins.

“It’s very exciting for folks in Connecticut,” he said. “It’s going to be fun for everybody.”

The governor of the state divided by the “Munson-Nixon line,” poked fun at Patriots fans.

“New York fans are always engaged in good-natured hard times that we supply our Boston fans,” Malloy said during the interview, drawing laughter from Farnack. “Now the Boston people, they have no good nature at all when it comes to this stuff, we have to be very clear about that.”

Malloy said he thinks the dividing line is similar in football.

“You get above New Haven, and more people support the Boston-based teams than say below New Haven. I was born in Stamford. I’m a New York fan,” Malloy told Farnack. “By the way, I don’t have this divide that a lot of New Yorkers do that you can only be a Jets fan or you can only be a Giants fan. I’m a New York fan.”

Malloy attended Boston College with members of the Mara family, the owners of the Giants. New York head coach Tom Coughlin also used to coach at BC.

Like the state he governs, Malloy’s household is divided. Cathy Malloy, his wife, was born in Massachusetts and is a Red Sox and Patriots fan, the governor said.

Listen to the full interview here: http://cbsnewyork.files.wordpress.com/2012/01/malloy_1030_120123.mp3

Gov Malloy will head to Davos for World Econ Forum

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Gov. Dannel Malloy this morning says he’s not a skier, but he’s been invited to next week’s World Economic Forum in Davos, Switzerland. The $4,500 cost to attend will be picked up by the UConn Foundation, but the invitation is worth about $50,000, which has been waived because he will be participating in three panels next Friday and Saturday.

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