budget2015

Recent Posts

Malloy’s ‘across-the-board’ cuts target education, town aid and social services

To offset new taxes that have rankled business groups, Gov. Dannel P. Malloy proposed trimming up to 1.5 percent of discretionary spending in the new state budget. But the administration’s proposal shows the bulk of the cuts would likely fall on education, municipal aid, health care and social services. And a key legislator has warned that most of those areas could face even deeper cuts once the new fiscal year is underway. Continue Reading →

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Budget would cut health, social services, but less than gov’s plan

Updated at 6:40 a.m.
The budget deal between legislative leaders and Gov. Dannel P. Malloy’s administration calls for millions of dollars in cuts to programs that serve seniors, poor families, and people with developmental disabilities and mental illnesses. But compared to the deep reductions Malloy proposed in February, many of the cuts are relatively modest. Continue Reading →

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Proposed state budget diverts most new transportation dollars

Updated at 9:44 p.m.
While the tentative state budget deal technically dedicates $436 million in sales tax receipts over the next two years to stabilize transportation finances and back a major infrastructure overhaul, that same spending plan effectively diverts more than 85 percent of those funds for non-transportation programs. Continue Reading →

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New budget includes $200 million income tax hit on middle class

A last-minute component of the new two-year state budget deal includes a $100 million-per-year income tax hike on Connecticut’s middle class, according to budget documents released early Monday. The hit comes in the form of a reduced credit for local property tax payments. Continue Reading →

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Could Malloy’s push to fund charter schools jeopardize budget approval?

Gov. Dannel P. Malloy’s insistence on increasing funding for charter schools has more than a dozen Democratic legislators questioning whether they can support the next state budget if it means their neighborhood public schools are flat-funded or cut. Continue Reading →

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