Connecticut budget

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.