Gov. Ned Lamont’s new budget would keep Connecticut’s transportation program solvent through 2026 with a new fee on trucks.
State Budget
Posted inMoney
Municipalities win in short term, lose over long haul with Lamont’s new budget
Most of the new money Lamont would distribute to cities and towns wouldn’t come out of the state’s coffers.
Posted inMoney
See how your town fares in the governor’s proposed budget
Gov. Ned Lamont is recommending that the state spend $50 million more on municipal aid next year, a 2% increase.
Posted inEducation
Lamont keeps school funding on auto-pilot, despite calls to end ‘funding discrimination’
The move is sure to displease groups that have been calling for a major increase in state education spending.
Posted inMoney
Lamont leans heavily on federal aid to keep taxes flat in CT
Gov. Ned Lamont relies on federal funding and state reserves to balance his new budget without significant tax hikes.
Posted inMoney
Text of Gov. Ned Lamont’s 2021 budget address
Mr. President, Mr. Speaker, Senator Kelly, Representative Candelora, members of the General Assembly, Lt. Governor Bysiewicz and the people of the great State of Connecticut. As your governor, one of my top priorities has been to get Connecticut’s fiscal house in order. My first stop two years ago was the state’s budget. For decades, Connecticut […]
Posted inPolitics
In budget speech, a governor caught between a desire for social justice and fiscal restraint
A tension between fiscal restraint and social justice was evident throughout the governor’s budget address.
Posted inMoney
Lamont uses federal dollars and reserves to boost local aid, avert tax hikes in his new budget
While Lamont’s plan provides short-term stability, it also could leave Connecticut with challenges after the 2022 elections.
Posted inMoney
Big variables cloud upcoming CT budget debate
Another potential wave of federal stimulus, a complex spending cap and other variables cloud the next Connecticut budget debate.
Posted inMoney
Lawmakers expect lean budget from Lamont. But how lean will it be?
Is Lamont dressing Connecticut in a budget that is adequate during a pandemic but fits like a strait-jacket afterward?
Posted inMoney, Politics
Progressive legislators to Lamont: Tax the rich and expand support for poor and middle-class
Thirty Democrats challenged Gov. Lamont to tax the rich to help those most hurt by the pandemic.
Posted inGovernment, Health, Money
CT budget panel leaders pledge to reverse years of eroding funds for social service safety nets
State spending for nonprofits has grown by about 10% over about two decades. With inflation, nonprofits say they lost money.
Posted inMoney
Lamont sets the stage for a debate on marijuana taxation by mid-2022
The governor’s draft bill proposes taxing marijuana and erasing convictions for possession that occurred prior to Oct. 1, 2015.
Posted inMoney
Are Lamont and his fellow Democrats headed for a showdown over tax reform?
Gov. Ned Lamont says tax hikes on the wealthy will cause them to flee Connecticut. Other Democrats are challenging that.
Posted inMoney
House Democrats ready to expand borrowing to protect state programs amid pandemic
With state finances deep in debt, House Democrats want to increase borrowing to take advantage of low interest rates.