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Democratic State Budget Passes Committees

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HARTFORD, Conn. (AP) _ The two Democratic-controlled budget
committees have approved an approximate two-year, $40 billion
budget compromise they reached with their party’s governor.

The Finance Revenue and Bonding Committee and the Appropriations
Committee passed the tax and spending bills Thursday on mostly
party-line votes.

The vote came a day after the Democrats announced
they reached a deal with Gov. Dannel P. Malloy on a budget that
addresses a projected $3.3 billion deficit, starting July 1.

Republican legislators, who represent the legislature’s minority
party, were unsuccessful in their attempts to pass their own
no-tax-increase budget or various changes to the Democratic plan.

The plan, which raises taxes by about $1.5 billion in the first
year, still relies on $1 billion in unresolved labor savings for
each year of the two-year plan.

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