Legislators and others say CT has too many pressing education, health care and social service needs to focus solely on the spending cap.
2023 State Budget
Posted inHousing
Governor’s budget proposes $600M investment in housing
The proposed budget would set aside $600 million for various housing ventures, with a goal to create about 6,400 new affordable units.
Posted inEducation
UConn threatens to pull sports from XL Center in response to cuts
UConn President Radenka Maric said covering a funding shortfall with tuition alone would mean hikes of $3,000 per student.
Posted inMoney
Lamont budget ignites debate on wealth inequality in CT
While Gov. Ned Lamont insists his budget proposal would reduce inequality in CT, legislators and interest groups asked if it will do enough.
Posted inPolitics
Lamont asks legislature to stay the course on fiscal restraint
Gov. Ned Lamont urged CT lawmakers to embrace his proposed budget as a mix of tax relief, new spending on vital needs and fiscal discipline.
Posted inMoney, Politics
CT budget: Lamont pitches big tax cuts in first budget of new term
Gov. Ned Lamont proposed a $50.5 billion budget with more than $500 million in tax relief, topped by Connecticut’s first major income tax cut.
Posted inHealth, Money
Big new investments top Lamont’s human services budget
Child care rate hikes and erasure of medical debt are in Gov. Lamont’s budget proposal, but it does not increase key funding for nonprofits.
Posted inMoney
Lamont to colleges: Adjust to life without federal pandemic aid
The administration says federal coronavirus aid to colleges was temporary, but many officials say it’s not that simple.
Posted inMoney
Lamont to propose $50.5B budget, more than $500M in tax relief
The 2-year budget would deliver the largest income tax cut in history and expand relief for working poor families and small businesses.
Posted inMoney
Many eyes on CT budget, which must address inequalities
CT legislators ordered the governor to show how the budget will address inequalities in education, housing and more, and many are watching.
Posted inMoney
Income tax cut in CT? Lamont plan could save middle class $440M
CT officials estimate the tax cuts would save most middle-class joint filers about $600 per year and single filers would save about $300.
Posted inHealth
Lamont unveils plan to cancel billions in CT medical debt
The plan involves working with a nonprofit organization that buys medical debt from hospitals at extreme discounts and then cancels the debt.
Posted inMoney
Lamont unveils $45M tax cut for CT’s working poor
The expanded earned income tax credit would save families about $211 per year on average and make CT’s EITC rate among the highest.