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Budget agreement? Still nothing as of Monday night
HARTFORD, Conn. – Hours before the General Assembly is scheduled to vote on a deficit mitigation package to erase this year’s red ink, the legislature’s nonpartisan Office of Fiscal Analysis released new numbers pegging the shortfall at $247.8 million.
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Lawmakers offer few answers to 2016 budget deficit
HARTFORD, Conn. – Democratic and Republican legislative leaders didn’t give Democratic Gov. Dannel P. Malloy any quick or easy solutions to this year’s 2016 budget deficit. In a six-sentence letter Democratic legislative leaders said they are still exploring ways to balance the 2016 budget. Senate Republican Leader Len Fasano said he will lay out the…
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Lembo sides with OFA, pegs budget deficit at $219.9M
HARTFORD, Conn. – State Comptroller Kevin Lembo certified a $219.9 million budget deficit Tuesday. That number is closer to the $266 million shortfall projected by the Office of Fiscal Analysis last week. Lembo said he agrees with nonpartisan budget analysts that income tax estimates for 2016 have dropped by $200 million.
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Republicans release budget documents after leak, Dems release theirs Monday
HARTFORD, Conn. – The leak of Republican budget documents to the news media will “chill” bipartisan budget talks, Senate Republican Leader Len Fasano and House Minority Leader Themis Klarides said Friday.
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Republicans pitch budget cuts, details get leaked
HARTFORD, Conn. – Details of Thursday’s budget negotiations between Republicans, Democrats, and the Malloy administration were supposed to remain private, but within a short period of time details of the plans proposed by the Republicans and the Malloy administration were leaked to the CT Mirror.