Connecticut budget

Connecticut Governor Dannel Malloy

Gov. Dannel P. Malloy says he's signed a bipartisan state budget, but used his limited line-item veto power to scrap portions of the legislation related to a tax on Connecticut's hospitals.

Connecticut Governor Dannel Malloy

Gov. Dannel P. Malloy's new spending plan would eliminate state education aid to 85 school districts and cut school aid to another 54 cities and towns, if the state budget impasse isn't resolved by next month.

This is a picture of Connecticut Governor Dannel Malloy

In the absence of a complete spending plan, Connecticut Governor Dannel Malloy is calling on state lawmakers to pass what the Democrat is calling a mini-budget. 

Connecticut Comptroller Kevin Lembo

The final numbers are not in, but indications are Connecticut may be heading for a shortfall in tax revenue this year. Governor Dannel Malloy, a Democrat, recently predicted a budget surplus of $22 million, but State Comptroller Kevin Lembo, also a Democrat, says Connecticut could be looking at a deficit of $44.6 million.

The Connecticut State Capitol in Hartford

Governor Dannel Malloy's budget director is warning Connecticut lawmakers that the next two-year state budget faces "significant pressure" from slowing revenues and looming payments for unfunded pension liabilities and other old debt.

The state of Indiana is suggesting three major Connecticut employers that openly criticized planned tax increases consider moving to the Hoosier State. On Wednesday, Indiana ran a full-page ad in the Wall Street Journal that reaches out to General Electric, Aetna and the Travelers Companies.

Connecticut Governor Dannel Malloy is leaving the door open for possible revision of business tax hikes approved by the legislature as General Electric looks at moving its headquarters out of the state in response to the increases.

The Connecticut Senate has voted in favor of a two-year, $40.3 billion Democratic budget that drew sharp criticism from several of the state's major employers for raising taxes.

The fiscal package cleared the Democratic-controlled Senate on a bipartisan vote of 19-17.

It previously cleared the House of Representatives on a 70-73 vote earlier in the day.

Connecticut's House of Representatives has passed a $40 billion state budget after Democratic leaders worked through the night to secure enough votes.

After an all-nighter to corral enough votes, Democratic leaders in the state House have opened debate this morning on a budget bill that's been heavily criticized by major businesses for raising taxes.

The debate on the two-year, roughly $40 billion fiscal package began at 5:30 this morning with lawmakers this morning dealing first with a series of amendments.

The Democratic-controlled budget-writing committee in Connecticut is rebuffing many of the budget cuts proposed by Democratic Governor Dannel Malloy.

Governor Dannel Malloy is ordering $13.7 million in additional mid-year budget cuts as Connecticut's current fiscal year deficit continues to grow.

With the Connecticut legislature about to begin its review of Governor Dannel Malloy’s two-year budget, the spending plan is being criticized from many angles.

Governor Dannel Malloy has detailed his two-year budget for Connecticut meant to close a $1 billion deficit. The Democrat outlined a revamp of the state’s transportation systems and social initiatives aimed at reintegrating people leaving the criminal justice system.

Connecticut Governor Dannel Malloy is warning his new, two-year state budget proposal will not be an easy one. The Democrat is scheduled to present his plan Wednesday to a joint session of the General Assembly.

On a day that included musical performances, a parade through Hartford and the start of the legislative session, Connecticut’s Governor Dannel Malloy was sworn in to a second term Wednesday. The Democrat focused on transportation in his address to lawmakers.

On a day that included musical performances, a parade through Hartford and the start of the legislative session, Connecticut’s Governor Dannel Malloy was sworn in to a second term Wednesday. The Democrat focused on transportation as he addressed lawmakers.

Connecticut Comptroller Kevin Lembo

State Comptroller Kevin Lembo says Connecticut is on track to end the current fiscal year with a $31.6 million budget deficit.

About 200 officials in Connecticut Gov. Dannel P. Malloy's administration are getting a present this holiday season: a pay raise ranging from 3 percent to 12 percent.

Connecticut Democrats say they've reached an agreement on a revised budget for the new fiscal year that begins on July 1.

Democratic legislators, who control the General Assembly, are expected to call the budget bill up for a vote this weekend.

This year's session of the General Assembly adjourns on Wednesday.

Municipal leaders to lobby against car tax cut

Apr 10, 2013

Municipal officials from across Connecticut are headed to the Capitol to propose changes to Gov. Dannel P. Malloy's budget plan.

Mayors, first selectmen and town managers have scheduled a news conference and meetings with lawmakers on Wednesday.

Local officials are expected to ask the legislature's Finance and Appropriations committees to "do no harm" to municipalities and highlight possible cuts in municipal aid that would result from Malloy's proposed budget.