Posted inMoney, Politics

Budget chief: Some tax cuts may have to wait; CT colleges likely to face cuts

Gov. Dannel P. Malloy’s budget director acknowledged Monday there’s little likelihood all of the tax relief promised on the campaign trail can be provided in the next state budget, which faces a major deficit projection. And while the governor promised new tax relief for college graduates struggling with student loan debt, budget director Benjamin Barnes said Connecticut’s public colleges and universities probably won’t be spared emergency budget cuts due out this week.

Posted inMoney, Politics

Malloy doubts CT public has appetite for expanded gaming

Gov. Dannel P. Malloy didn’t take a position early Monday on the prospect of expanded casino gaming in Connecticut, though he did predict the preliminary proposal offered by the Mohegan tribe would not go forward at this time. The governor said if the state’s recent dalliance with keno showed anything, it’s that Connecticut isn’t looking to expand gaming.

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Once a heated topic for CT delegation, war bill now stalled

WASHINGTON – Debating and deciding what authority President Obama has to conduct a war against and Islamic group known as ISIS was once a hot topic among lawmakers, including those representing Connecticut on Capitol Hill. But post-election, there’s a little sense of urgency, and little pushback on GOP demands that the issue be handled by the next Congress, which will be controlled by Republicans

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It’s official: CT’s budget is $89 million to $100 million in the red

The state budget received its first official deficit reports Friday when nonpartisan legislative analysts and Gov. Dannel P. Malloy’s administration projected shortfalls ranging from $89 million to just under $100 million. Budget director Benjamin Barnes, insisted it quickly would be closed, and reasserted Malloy’s insistence that tax hikes are not an option. (File photo: Gov. Malloy and budget director Barnes)

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