GOP chief calls for return of non-existent surplus
Everyone feels so generous this time of the year. The new Republican state chairman, Jerry Labriola, called on Gov. Dannel P. Malloy today to suspend the sales tax for a week, because the state is projecting a surplus of $101 million.
The projected surplus is one-half of one percent of the $20 billion budget, basically rounding error.
Malloy said if the surplus projection holds, the money will go to offset some of the unfunded pension and retiree health obligations run up by his Republican predecessors.
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