The governor’s reversal comes one day after the state’s deputy budget director, who oversaw the program, retired under a cloud.
The surge will make it much easier for officials to balance the budget without tax hikes.
Another potential wave of federal stimulus, a complex spending cap and other variables cloud the next Connecticut budget debate.
Is Lamont dressing Connecticut in a budget that is adequate during a pandemic but fits like a strait-jacket afterward?
Thirty Democrats challenged Gov. Lamont to tax the rich to help those most hurt by the pandemic.
State spending for nonprofits has grown by about 10% over about two decades. With inflation, nonprofits say they lost money.
The governor’s draft bill proposes taxing marijuana and erasing convictions for possession that occurred prior to Oct. 1, 2015.
Gov. Ned Lamont says tax hikes on the wealthy will cause them to flee Connecticut. Other Democrats are challenging that.
With state finances deep in debt, House Democrats want to increase borrowing to take advantage of low interest rates.
Lawmakers say the state should help programs, like higher education, beset by the COVID pandemic. Will the governor agree?
The improved fiscal picture increases the likelihood Gov. Ned Lamont can avert major tax hikes next spring.
Don’t expect to see Gov. Ned Lamont propose big tax hikes or huge spending cuts to close a $2B deficit.
Gov. Ned Lamont has directed agencies to find ways to cut spending by 10% or more in the next budget.
The governor has been withholding use of state money for pandemic relief in fear it will run out too soon.
It is becoming clear the business-sensitive governor and his more liberal base are headed in opposite directions.