Posted inEducation, Health, Money

Malloy’s emergency budget cuts fall on social services, education

Gov. Dannel P. Malloy ordered nearly $48 million in emergency budget cuts Thursday, imposing the deepest cuts on social services, education and culture and tourism promotion. The cuts, which do not require legislative approval, whittle the nearly $100 million deficit Malloy projected last week down to $45 million.

Posted inMoney, Politics

Are CT cities and towns no longer immune from state budget axe?

Gov. Dannel P. Malloy spared cities and towns from the state budget axe as he grappled with deficits for much of the past four years. But with sales tax receipts promised long ago to municipalities still lying in the state’s coffers, GOP legislative leaders are worried the Democratic governor’s days of sparing local taxpayers are over.

Posted inMoney, Politics

Budget chief: Some tax cuts may have to wait; CT colleges likely to face cuts

Gov. Dannel P. Malloy’s budget director acknowledged Monday there’s little likelihood all of the tax relief promised on the campaign trail can be provided in the next state budget, which faces a major deficit projection. And while the governor promised new tax relief for college graduates struggling with student loan debt, budget director Benjamin Barnes said Connecticut’s public colleges and universities probably won’t be spared emergency budget cuts due out this week.

Posted inMoney, Politics

Malloy doubts CT public has appetite for expanded gaming

Gov. Dannel P. Malloy didn’t take a position early Monday on the prospect of expanded casino gaming in Connecticut, though he did predict the preliminary proposal offered by the Mohegan tribe would not go forward at this time. The governor said if the state’s recent dalliance with keno showed anything, it’s that Connecticut isn’t looking to expand gaming.

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It’s official: CT’s budget is $89 million to $100 million in the red

The state budget received its first official deficit reports Friday when nonpartisan legislative analysts and Gov. Dannel P. Malloy’s administration projected shortfalls ranging from $89 million to just under $100 million. Budget director Benjamin Barnes, insisted it quickly would be closed, and reasserted Malloy’s insistence that tax hikes are not an option. (File photo: Gov. Malloy and budget director Barnes)

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