Despite increasing General Fund revenue by $2.52 billion over the next two years, Connecticut will still face billion-dollar budget deficits from 2022 through 2024, according to a budget report released by the Office of Fiscal Analysis. “The General Fund is projected to be in deficit by over $1 billion per ...
Early in the legislative session, word spread that the Gov. Ned Lamont administration was considering a possible sales tax for grocery items. The subsequent outcry from groups across the political divide buried the idea, seemingly forever. But, according to House and Senate Republicans, certain groceries are going to be taxed ...
Pay increases for state employees outlined in the 2017 SEBAC agreement were projected to cost $353 million annually by the Office of Fiscal Analysis, but emails between former State Senator Len Suzio, R-Meriden, and OFA analyst Don Chaffee show the ongoing cost may be higher. According to the 2017 email ...
In response to Senate Republicans’ criticism that the 2019 budget assumes $450 million in pension and health care savings from state employees that have not yet been negotiated, Gov. Ned Lamont and his budget chief Melissa McCaw admitted that talks with labor leaders are just beginning. “That process is just ...
Sen. Mae Flexer, D-Killingly, and Rep. Josh Elliott, D-Hamden, filed amendments on 35 different bills to change the Democrats’ budget that would make the nonprofit corporation created with billionaire investor Ray Dalio’s $100 million education investment subject to the state’s Freedom of Information laws. The budget is being debated in ...
The Yankee Institute reacts to Channel 3 Eyewitness News about the problem’s in the state’s budget.