2017budget

Recent Posts

Lembo seconds Malloy’s claim of need for deficit-mitigation plan

Comptroller Kevin P. Lembo made it official Friday: In a letter to Gov. Dannel P. Malloy, the comptroller says the state is on pace for a $207.8 million deficit that exceeds the one-percent threshold requiring the administration to prepare a deficit-mitigation plan. The Malloy administration made a similar prediction last month. Continue Reading →

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Malloy criticizes budget outline; Fasano calls him ‘irrelevant’

The syncopated rollout of the General Assembly’s bipartisan budget deal got a harshly skeptical review Friday from Gov. Dannel P. Malloy, who either will be the final arbiter of what legislative leaders say will be a satisfactory ending  to Connecticut’s long-running budget drama — or just a loud voice from the balcony. Continue Reading →

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Another day of negotiations yields optimism, but no deal

The state’s long-running budget drama took a new twist Tuesday as some legislative leaders hinted they were closer than ever before to a bipartisan deal, absent any input from the Democratic administration of Gov. Dannel P. Malloy. But House Speaker Joe Aresimowicz, D-Berlin, conceded that any bargain likely would include measures Malloy already has vetoed and labeled as gimmicks. Continue Reading →

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Despite unsolved deficit, CT must observe sales tax holiday

Connecticut remains without a budget six weeks into the new fiscal year, but by law officials must still move forward with the state’s 17th-annual sales tax holiday later this month. The Department of Revenue Services estimates the state will miss out on about $4.1 million in revenue. Continue Reading →

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Aresimowicz wants mini-truce on Malloy’s ‘mini-budget’

House Speaker Joe Aresimowicz, under fire for blocking a provisional budget vote, is calling for a temporary truce. The speaker, who may not have enough votes in the closely divided House to defeat GOP amendments on major issues related to labor concessions, told CT Mirror on Wednesday he wants a pledge from the GOP minority for a clean vote, meaning no amendments and limited debate. Continue Reading →

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