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Posted inMoney, Politics

CT budget details trickle out as partisan debate heats up

While Democratic legislative leaders released one key document tied to a tentative state budget deal, others remained under wraps. And Democratic leadership in the Senate, where a budget debate tentatively is expected to begin on Thursday, rebuffed a Republican call to delay any debate until all budget-related documents were available for public review.

Posted inMoney, Politics

Malloy offering compromise on the budget to legislators today

Gov. Dannel P. Malloy will submit budget revisions to the legislature today, a compromise in which he would cut funding for an administration priority, transportation, and restore some of the funding legislators have demanded for hospitals and schools. In return, he asks that lawmakers minimize their use of one-time revenues to balance spending in 2016-17.