Revenue boom has CT officials rethinking budget timetable
The CT Mirror » Money
by Keith M. Phaneuf
4d ago
If CT lawmakers had known earlier about projected big budget numbers, they might have done things differently in this short session ..read more
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Report: Billions more in taxes coming in to CT than expected
The CT Mirror » Money
by Keith M. Phaneuf
1w ago
Citing 'shocking ... revenue numbers,' House Speaker Matt Ritter said 'there might need to be an adjustment' to how much CT saves ..read more
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CT revenues soaring, but legislators still can’t spend them
The CT Mirror » Money
by Keith M. Phaneuf
1w ago
Progressives have said this year’s budget debate, which involved huge piles of untouchable cash, will fuel the push for reforms in 2025 ..read more
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Lamont defends fiscal guardrails but is open to workarounds
The CT Mirror » Money
by Mark Pazniokas and Keith M. Phaneuf
1w ago
A shared desire to end the session without drama has led to a deal with some budget gimmicks ..read more
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House GOP budget: Boost K-12, cut care for undocumented
The CT Mirror » Money
by Keith M. Phaneuf
1w ago
House Republicans pitched a budget that boosts education, ends health care for undocumented women and children and trims the state workforce ..read more
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Legislature OKs 2.5% raise plus step hike for most CT employees
The CT Mirror » Money
by Keith M. Phaneuf
1w ago
Analysts say the raises will cost CT about $190 million next fiscal year. Raises go into effect July 1 and a step hike on Jan. 1 ..read more
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Lamont won’t say if he’ll ease ‘debt diet’ to make CT budget fix work
The CT Mirror » Money
by Keith M. Phaneuf
2w ago
CT legislative leaders plan to borrow to cover operating expenses in the next budget — creating a significant hole to be tackled next year ..read more
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CT officials insist tax cuts will remain as pandemic relief expires
The CT Mirror » Money
by Keith M. Phaneuf
2w ago
Despite a projected $16B income tax revenue loss across CT and 25 other states, Lamont and the legislature agree CT tax cuts aren’t at risk ..read more
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Budget panel OKs 2.5% raise for most CT state workers
The CT Mirror » Money
by Keith M. Phaneuf
3w ago
The raises, which the full legislature is expected to vote upon before the regular session ends May 8, would cost more than $190 million ..read more
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Lamont won’t help lawmakers leave gaps in next CT budget
The CT Mirror » Money
by Keith M. Phaneuf
3w ago
If Democratic legislators want more funds in core programs, they must close holes in the CT budget as well, the Lamont administration said ..read more
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