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Updated at 4:11 p.m. ET.

The Dow Jones industrial average on Tuesday briefly topped 23,000 for the first time, crossing another milestone amid better-than-expected earnings reports and concerns that stocks are approaching another bubble.

But the 30-stock index ended the day at 22,997.44, up 40.48 points.

The Dow finished above 22,000 for the first time on Aug. 2.

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Coming up: We sit down with Chuck Collins, senior scholar at the Washington, D.C.-based Institute for Policy Studies.

But first: A look at how researchers are working to preserve the world's most endangered languages -- including locally-based efforts to expand fluency of the Mohegan language

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A feud between President Trump and "Liddle Bob Corker," Republican Senator from Tennessee, is creating tension between the president and the GOP. This is on top of reports that Secretary of State Rex Tillerson called Trump a "moron." 

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Note: This episode contains strong language.

There are 203 ballparks currently being used by affiliated, professional baseball teams in the United States: 30 in the Major Leagues, 23 spring training facilities used by the big league clubs and their Rookie League affiliates, and 150 Minor League stadiums spread over six levels of baseball.

Updated at 5:00 p.m. ET

President Trump and GOP congressional leaders have outlined their plan for the most sweeping overhaul of the federal tax code in more than three decades.

They're proposing deep cuts in both individual and corporate tax rates, saying that will help supercharge a slow-growing economy.

"We want tax reform that is pro-growth, pro-jobs, pro-worker, pro-family, and yes, tax reform that is pro-American," Trump said Wednesday during a rally at the Indiana State Fairgrounds.

Connecticut’s municipalities have blasted all sides in the ongoing state budget impasse. Town and city officials spoke out after Governor Dannel Malloy issued a report claiming that state aid to municipalities has grown more than 20 percent in the last five years. 

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The American Cancer Society has blasted Connecticut Democrats’ latest budget proposal, which would raise the state’s tobacco tax, but take away money to help people quit the habit. 

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A longtime observer of Connecticut’s economy says plans to cut education grants to towns as a way of balancing the state budget could end up damaging the housing market. 

As Connecticut approaches the end of the second month without a state budget, Democratic legislative leaders say they’ll present their revised final state budget plan this week. The proposal is expected to include a controversial sales tax increase.  

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Connecticut’s sales tax-free week goes ahead from this Sunday, despite the state’s continuing fiscal crisis. The Department of Revenue Services has estimated it will forgo about $4 million in sales tax during the course of the week.

U.S. Representative John Larson, D-CT1, announced on Tuesday that he’ll be introducing a $1 trillion infrastructure proposal when Congress resumes in September. The lawmaker says the money would be raised from a carbon tax.

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Chuck Collins is a senior scholar at the Institute for Policy Studies. He's also an author, an editor, and a child of the so-called “one percent."

This hour, we sit down with Collins. We talk about his latest book and preview his upcoming appearance in Winsted, Connecticut. 

The state of Massachusetts planned to require more internet retailers to collect sales tax starting July 1st. But the initiative has been pulled just days before it would take effect.

Under the Baker administration plan, internet retailers with sales of $500,000 and 100 transaction per year in Massachusetts would have to charge the tax.

But the state rescinded the plan after two lawsuits were filed. The Department of Revenue said it will reintroduce the tax through a new regulation this fall.

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Supporters of the Senate health care reform bill have been few and far between outside of the Republican party. But there's one important industry in Connecticut that is cheerleading for the legislation: medical device companies.

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Nobel prize-winning economist Robert Shiller says Connecticut shouldn’t be cutting taxes in order to keep corporations in the state. 

Kevin O'Neill is driving his electric car down a road in Cumberland when he presses down harder on the gas pedal. He's doing this to prove his point that electric cars are more fun.

“From dead zero, you’ve got fantastic acceleration,” O'Neill said. "I don't like to drive fast, but I do like to feel that it's kind of zippy."

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Tax-exempt property and the impending departure of Aetna are two issues weighing heavily on Hartford as the capital city manages a fiscal crisis. 

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Hartford is inching closer and closer to insolvency — at a time when Connecticut is facing a fiscal crisis of its own.

This hour, we talk about the B word. Without the state to lean on, could Hartford file for bankruptcy?

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There’s always a lot of last-minute action at the state capitol when the legislative session’s about to end. But in the middle of a budgetary crisis - that action has ramped up.

Connecticut House Speaker Joe Aresimowicz, a Berlin Democrat, is blaming the Republican minority for his failure this week to have the House debate a bill that could lead to the return of tolls on Connecticut's highways.

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Advocates for the state's low income families say budget proposals to cut the earned income tax credit, or EITC, will have a negative effect on the economy and make the tax code less fair. 

Ryan Caron King / WNPR

Governor Dannel Malloy is proposing additional major cuts to state spending in Connecticut as he addresses a widening budget deficit projected for next year. The biggest losers this time around appear to be municipalities: state aid to towns and cities is cut by $600 million. 

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Economic incentives like loans and tax breaks for companies have been a controversial subject in recent years. And now a new study shows Connecticut doesn’t follow national best practices in monitoring the effects of its own generosity. 

President Trump is set to sign an executive order on Thursday that aims to relax restrictions on political activity by religious groups without threatening their tax-exempt status.

Senate Republicans voted Wednesday night to rescind an Obama-era policy that allows states to offer retirement savings plans to millions of workers.

Retiree and worker protection groups say the move will hurt employees at small businesses.

Many small businesses say they can't afford to set up retirement savings plans, such as 401(k) plans, for their workers. That's a big reason why so many Americans aren't saving, says Cristina Martin Firvida, the AARP's director of government affairs.

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The Office of Fiscal Analysis reports that tax revenues are plunging. The state's 100 largest-income tax payers paid 45 percent less this year than last. 

Chion Wolf / WNPR

Battling lawmakers, a multi-billion dollar deficit, and the end of a gubernatorial era. April was -- without doubt -- an eventful month for state politics. 

This hour, we hear from the man at the helm of it all: Connecticut Governor Dannel Malloy. With less than two years left to go, how does he plan to round off his second -- and final -- term in office? We find out and also we also hear from you.

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State lawmakers are up against deadlines this week to settle on a budget plan — one that tackles a nearly two billion dollar deficit next year. But so far all we’ve seen is a logjam in Hartford.

This hour, we find out what gridlock at the capitol could mean for the state’s future.

Updated at 4:12 p.m. ET

The Trump administration Wednesday put forth a proposal that it labeled a "massive" tax overhaul, which would give big tax cuts to individuals and corporations and reduce the number of tax brackets and deductions.

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Lawmakers will examine a proposal to raise Connecticut’s sales tax this week. The Connecticut Conference of Municipalities wants to see an increase in the sales tax from 6.35 percent currently, to 6.99 percent. The idea is that the additional revenue should be given to cities and towns so they can control a rise in property taxes. 

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