Gov. Ned Lamont is recommending that the state spend $50 million more on municipal aid next year, a 2% increase.
Democratic legislators expanded their majorities Tuesday, but complex fiscal rules favor Gov. Ned Lamont in the next budget debate.
Electric Boat has for more than a decade built two submarines a year, but the president’s budget only calls for one Virginia-class boat.
Gov. Ned Lamont proposed a lean $22.3 billion budget Wednesday that would push Connecticut’s emergency reserves close to $3 billion while keeping taxes largely flat.
There are no major tax hikes in Gov. Ned Lamont’s budget proposal, but it does include a ban on flavored vaping liquids and place restrictions on the debt-free college program.
Gov. Ned Lamont must decide how much detail about his latest bonding proposal to release to legislators Wednesday, including any proposals that might entice legislators to support his trucks-only tolling plan.
Connecticut is sitting on a multi-billion-dollar reserve but lawmakers will have to get around the spending cap – and the governor – if they want to tap it.