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Legislature adopts new CT budget built on risky assumptions

House MInority Leader Lawrence F. Cafero Jr. argues the new budget is filled with gimmicks.

The General Assembly adopted a $19 billion budget early Sunday that relies on about $200 million in fund sweeps and risky savings and revenues assumptions to stay in balance – including the last-minute discovery of $75 million in “miscellaneous” tax receipts. Continue Reading →

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