Hartford Mayor Luke Bronin sent a letter to Governor Dannel Malloy and state lawmakers on Thursday warning that his city will run out of money in about 60 days and may be forced to file for bankruptcy if the state fails to approve a new budget.
The insurance giant Aetna says it has chosen New York City as the site for its new headquarters. It will leave Hartford, its home for two centuries. Aetna is the second major corporation to leave Connecticut in the last two years.
Connecticut Governor Dannel Malloy and state legislative leaders are expected to meet again on Monday to continue negotiations on closing a projected $5 billion deficit in the state’s next $40 billion two-year budget.