Connecticut state budget

Recent Posts

Lawmakers urge reversing clean-energy cuts, but lack budget fix

A coalition of legislators and energy-efficiency advocates pledged Tuesday to work to restore at least some of the roughly $175 million stripped from green programs in the new two-year state budget. But none identified offsetting spending cuts or revenue increases. Continue Reading →

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Advocates for marijuana sales point to big economic boost

Advocates for legalizing recreational marijuana use in Connecticut — and taxing its sales — are hoping a holistic, economic argument will win the day this year. Supporters say the potential to bolster the state’s tourism industry, create jobs, and even encourage young professionals to locate here, should attract votes for an issue that couldn’t get a vote in the House or Senate in 2017. Continue Reading →

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Partisan rift threatens efforts to close CT budget deficits

Democratic and Republican legislative leaders, who returned this week to the Capitol to open the 2018 session, conceded they are sharply divided on how to wipe more than $400 million in red ink off Connecticut’s books. And while they also pledged to reach for a bipartisan compromise, no one expressed optimism this would be achieved before Connecticut’s next governor takes office 11 months from now.
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CT, NY and NJ to sue over tax changes that hit blue states

The Democratic governors of Connecticut, New York and New Jersey said Friday they will file a lawsuit challenging the constitutionality of new federal income tax laws restricting state and local tax deductions, a change that primarily falls on a dozen states that voted against President Trump in 2016. “Somebody has to stand up and say, ‘Not at this time. You can’t do this. It is fundamentally unfair and illegal,” Gov. Dannel P. Malloy said. Continue Reading →

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Town leaders: Further reform needed for pensions, school funding

Municipal leaders urged a state study panel Tuesday to support further restrictions on public-sector pensions, ending collective bargaining for retirement benefits and aggressively redistributing education aid from communities losing students to those gaining them. Continue Reading →

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Malloy vetoes Medicare program fix, calls it ‘wishful’ budgeting

In a largely symbolic act, Gov. Dannel P. Malloy vetoed a bipartisan bill Monday to reverse cuts to the Medicare Savings Program, calling it an unbalanced exercise in “wishful thinking” that only would worsen projected budget deficits. Continue Reading →

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