Despite comments from Gov. Ned Lamont and Democratic legislative leaders saying the General Assembly would not take up the Transportation and Climate Initiative program this year, language in the budget implementer bill allowing state department
Budget
Connecticut Attorney General William Tong issued a formal opinion saying the proposed Connecticut Equitable Investment Fund proposed by Democrats on the Finance, Revenue and Bonding Committee “lacks the requisite standards and limits to survive to
The Moderate House Democratic Caucus said they stand with Gov. Ned Lamont in opposing tax increases on Connecticut’s wealthy residents proposed by their progressive counterparts as Democratic legislative leaders and the governor begin budget negotiations.
Democratic legislative leaders held a press conference pitching a $46 billion budget proposal from the Appropriations Committee and announcing their intention to push forward with tax increases on Connecticut’s wealthy residents despite opposition from Gov.
The Appropriations Committee unanimously passed a plan to spend $2.8 billion in federal COVID-relief funds, including paying down $310 million in unemployment funds borrowed from the federal government to pay the massive influx of unemployment
The budget package passed by the Finance, Revenue and Bonding Committee includes more than $1 billion in new taxes by 2023 coupled with some targeted tax credits, according to the fiscal note attached to the
House Republican leadership is questioning the constitutionality of a proposed “Equitable Investment Fund” that would use new and increased taxes on capital gains, digital advertising, sports gambling, marijuana sales and a second income tax on
State employee unions and the Working Families Party are holding a car caravan rally outside the Governor’s Mansion February 20, after union leaders and progressive lawmakers publicly expressed their disapproval of Gov. Ned Lamont’s budget
Testifying before the Finance, Revenue and Bonding Committee Tuesday, New Haven Mayor Justin Elicker said New Haven’s unfunded pension liabilities are driving the city’s $66 million deficit, leaving him few options but to raise property
Gov. Ned Lamont labeled his proposed budget "Connecticut’s Comeback" and that may be true in regard to Connecticut surviving the fiscal impact of the pandemic better than expected, but, according to the governor’s economic report,