Soaring demand for the COVID bonuses for essential private-sector workers could cut them from a promoted $1,000 to $200 or less.
budget
Posted inEducation
UConn passes $1.7 billion budget as it grapples with rising costs
UConn officials are worried about how the system will prevent a budget shortfall in 2024 when one-time state funding dries up.
Posted inMoney
Legislature wants to take greater control when budget cuts must be made
At issue are savings targets, often involving hundreds of millions of dollars that the legislature directs the governor to achieve.
Posted inMoney
CT’s budget picture is rosy now. Did Lamont create it — or did he inherit it?
Policies enacted by Gov. Dannel P. Malloy and past legislatures contributed greatly to Gov. Ned Lamont’s recent budgetary success.
Posted inPolitics
Budget implementer bill passes Senate with aids to labor, judges, tribes and more
The 837-page budget implementer does more than implement the budget. It’s a second chance for measures that failed in 2021.
Posted inPolitics
Schools with Native American mascots would lose funding under budget bill
Any community using a Native American mascot or nickname would lose aid derived from Connecticut’s tribal casino revenue.
Posted inMoney
Lamont, top lawmakers closer to budget deal after key compromises
Gov. Ned Lamont and legislative leaders say they could have a deal on a new state budget by Monday.
Posted inMoney
Lamont digs in as CT budget talks remain in gridlock
Gov. Ned Lamont insisted he wouldn’t sign a new state budget that subverts the spending cap or borrows excessively.
Posted inMoney
CT budget talks stuck on borrowing for cities, spending cap workaround
The House inched closer Thursday toward a Saturday budget vote — even as negotiations with Gov. Ned Lamont stalled.
Posted inMoney
Nearing a budget deal, Lamont, Democratic leaders compromise on taxes
The new state budget will include tax cuts for low- and middle-income families, but the latter must wait until 2024.
Posted inMoney
CT budget talks bog down near the finish line over town aid, spending cap
Negotiations over a new state budget have stalled over increasing aid to towns — and maneuvering around the spending cap.
Posted inMoney
The money keeps pouring into CT as tax revenues rise
State revenues surged by nearly half a billion dollars Thursday, the second major improvement in less than a month.
Posted inMoney
Democrats predict swift adoption of next CT budget
Leaders insist Lamont and lawmakers must compromise on tax reform issues
Posted inMoney
Budget panel wants more federal $ for businesses and human services
Legislators pushed back in bipartisan fashion against Gov. Ned Lamont’s plan for spending nearly $3 billion in federal pandemic relief.
Posted inMoney
Democrats want CT to spend $180 million more on municipal aid. What does that mean for your town?
Legislative Democrats recommend that the state spend $180 million or 7.4% more more in municipal aid next fiscal year.