Connecticut state budget

Recent Posts

Hartford bailout sparks schism over impact on state’s debt limit

While state Treasurer Denise L. Nappier called the Hartford bailout deal “a non-issue” when it comes to the state’s debt limit, the other state official who OK’d the deal — Gov. Dannel P. Malloy — disagrees, and wants lawmakers to address the problem with Connecticut’s credit card now. Continue Reading →

Filed under: , , , ,

New GOP and Dem budgets would still cut Medicare Savings Program

While Democrats and Republicans both want to blunt the looming roll-back of a program that helps disabled and low-income elderly in Connecticut pay for medical care, their plans will still cut off  tens of thousands who’ve come to rely on it. Continue Reading →

Filed under: , , , , , , ,

Parties sharply divided over higher ed, labor costs, transportation

Democrats and Republicans offered sharply contrasting spending plans for the next fiscal year. While they shared some common ground involving municipal aid and health care for the elderly and disabled, major disagreements involving labor costs, higher education and revenue stand in the way of another bipartisan budget agreement. Continue Reading →

Filed under: , , , , , , ,

Competing CT budget plans rely on April tax bonanza

Democratic and Republican legislators offered competing visions for the next state budget Friday, but both effectively dipped into this spring’s unexpectedly high income-tax revenues to salvage key programs for towns and social services, drawing a sharp rebuke from Gov. Dannel P. Malloy. Continue Reading →

Filed under: , , , , , , ,

Budget panel won’t pass spending plan — again

For the second consecutive year, the legislature’s Appropriations Committee will not recommend a new budget before its deadline. But Democratic and Republican leaders from the House and Senate said lawmakers will continue working between now and the session’s end on May 9 to close a projected shortfall in the fiscal year that begins July 1. Continue Reading →

Filed under: , , ,