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New Revenue Figures Prompt Gop to Change Proposal

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Connecticut Capitol Hall of the House (Bob Falcetti/Getty Images)

Connecticut Capitol Hall of the House (Bob Falcetti/Getty Images)

HARTFORD, Conn. (AP) _ The minority Republicans in Connecticut’s General Assembly are offering up ideas for trimming the new state budget, now that the projected surplus has plunged by $461.5 million.

GOP lawmakers on Thursday presented a revised version of their budget proposal in light of the drop in surplus funds. This fiscal year is now projected to end June 30 with a $43.4 million surplus, down from nearly $505 million.

Republicans scrapped their plans to restore sales tax exemptions for non-prescription drugs, and clothing and footwear under $50. They’re also forgoing an additional payment to the state’s pension fund.

Malloy’s administration is currently negotiating a final budget agreement with Democrats. Republicans are not part of those talks.

Malloy spokesman Andrew Doba accused the GOP of cutting millions from public education while raising taxes.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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