As most states’ reserves have dwindled, CT’s safety net has grown

CT Mirror – Friday, March 27, 2026
By Keith M. Phaneuf

While many states watched their financial safety nets shrink last year, Connecticut bucked a national trend, building unprecedented safeguards against a recession and federal budget cuts.

The median state’s government ended the 2024-25 fiscal year with enough reserves to operate for 47.8 days, down from the record-setting 54.5 days established the prior year, according to a new report from The Pew Charitable Trusts.

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