WASHINGTON – Navy officials said they will consider moving up the date for the start of a new Virginia class sub program that would allow the boats to carry more firepower.
About 34,000 parents would lose Medicaid coverage. Seniors would have to pay more for home care. The state would abandon a plan to better coordinate care for the costliest Medicaid clients and most health care providers that treat Medicaid patients would face a pay cut. It is all part of Gov. Dannel P. Malloy’s aim to save hundreds of millions of dollars through cuts to health care and social service programs.
“Budget Unbundled: A Closer Look at Connecticut’s Fiscal Roadmap,” a program discussing Gov. Dannel P. Malloy’s proposed state budget, will take place Wednesday, Feb. 25, at the Hartford Marriott Downtown, 200 Columbus Blvd., Hartford.
The biennial budget Gov. Dannel P. Malloy intends to propose today would erase a two-year, $2.5 billion shortfall with $1.6 billion in spending cuts and $900 million in additional revenue, an attempt to say he is equitably spreading pain while keeping a pledge not to raise taxes. Malloy, a Democrat re-elected last fall, is proposing a three-pronged approach to his second fiscal crisis in four years: deep spending cuts, combined with additional revenue raised by deferring promised tax cuts and boosting tax receipts without changing rates.
Mental health and substance abuse treatment providers are losing out on more than $5 million budgeted for them this year because the state hasn’t yet received federal approval to spend the money. That’s led some who oversee the public mental health coverage system to warn of dire consequences, including reduced access to services.
Many people who work in or advocate for health care and social services are bracing for a tough year, even as some make pitches for increased funding. Here are six things to watch for.
WASHINGTON – President Obama’s new budget would dramatically increase spending on F-35s and other military programs that are important to Connecticut’s economy. It would also boost funding of public works and establish a series of new programs aimed at easing the financial burden on students and working families
WASHINGTON – Legislation championed for years by Connecticut U.S. Rep. Jim Himes, D-4th District, threatened to become a “poison pill’ Wednesday in a massive budget bill that would avoid a government shutdown. Himes’ spokesman, however, insisted the congressman didn’t know how the provision was placed in the budget bill.
The state improperly charged Connecticut insurance companies and small businesses $450,000 last fiscal year to recoup a legislative raid on the Workers’ Compensation Administration Fund, the state auditors reported Monday.
But in a written response to the Auditors John C. Geragosian and Robert M. Ward, the commission insisted the assessment was necessary to ensure it had sufficient cash on hand to meet its obligations.
Minority Republican state legislators pitched an alternative budget Thursday that weeded hundreds of millions of dollars out of gimmicks from Gov. Dannel P. Malloy’s plan and canceled the governor’s controversial rebate.
One week after a $70 million hole was uncovered in Gov. Dannel P. Malloy’s budget proposal for 2014-15, the legislature’s Appropriations Committee is set to make revisions increasing spending for social services, while using surplus funds to close the budget gap.
Legislators should brace for a landmark debate next year on how Connecticut finances local services, including capping property taxes and shifting municipal expenses onto the state’s back, House Speaker J. Brendan Sharkey said Friday.
Gov. Dannel P. Malloy’s budget chief left the door open Thursday for the administration to support a House Republican initiative to provide $60 million in tax relief to small businesses.
Sen. Beth Bye: “Those of us who have been through some of the challenges of discrimination, when you go through something this hard, you come out strong. I think it’s a critical part of who I am.”
Washington – Sikorsky’s plans to build new helicopters for the Air Force were kept alive as President Obama’s unveiled his new budget Tuesday. Pratt & Whitney was nicked and Electric Boat remains unscathed.