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CT budget relies on $75M in newfound ‘miscellaneous’ tax revenues

OPM Secretary Ben Barnes and Chief of Staff Mark Ojakian.

The new $19 billion state budget the House of Representatives is expected to adopt late Saturday relies on nearly $200 million in fund sweeps, risky savings assumptions and other gimmicks to stay in balance – including the last-minute discovery of $75 million in “miscellaneous” tax revenue. Continue Reading →

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