WTIC1080

Budget

Pedro Segarra

Early Forecast Shows Hartford With Deficit of 70 Million Dollars

It’s not a pretty financial picture coming out of the capital city. Preliminary forecasts show hartford with a 70-million-dollar budget deficit in the next fiscal year’s budget.¬† According a release out of Mayor Pedro Segarra’s […]

02/23/2013

Congressman John Larson (Alex Wong/Getty Images)

Congressman To Discuss Effects Of Automatic Budget Cuts

Connecticut U.S. Rep. John Larson will meet constituents in Manchester to discuss the chilling impact of $85 billion in budget-wide cuts that automatically start taking effect March 1 if lawmakers fail to agree on a compromise.

02/16/2013

File Photo,  Danel Malloy (Alex Wong/Getty Images)

Defending the Budget and Car Tax Proposals

HARTFORD, Conn. (AP) _ Gov. Dannel P. Malloy on Thursday defended his proposal to slash local property taxes on vehicles, telling municipal leaders he believes strongly in providing the tax relief to middle class and […]

02/14/2013

File photo of Conn. Gov. Dannel P. Malloy. (credit: Getty Images)

No Specific Newtown Shooting Funds In Malloy’s Budget

Gov. Dannel P. Malloy’s new budget does not set aside new funds specifically earmarked to boost school security measures or mental health programs in light of the deadly school shooting in Newtown.

02/06/2013

Malloy Budget address 2013

Governor’s Two-Year Budget Proposal: $43.8 Billion

Gov. Dannel P. Malloy says his new, two-year $43.8 billion state budget moves Connecticut closer to recovery from the recession, closing a projected multibillion dollar deficit and continuing investments in education and job development.

02/06/2013

126851806

Budget Proposal Reinstates Clothing Sales Tax Exemption

Gov. Dannel P. Malloy’s new budget proposal reinstates the sales tax exemption on clothing.

02/06/2013

Governor Dannel Malloy (Courtesy House Democrats)

Governor’s 2 year Budget Totals 40.8 Billion Dollars

By SUSAN HAIGH¬† Associated press HARTFORD, Conn. (AP) _ Deep cuts to hospitals and changes in Medicaid eligibility are among the reductions Gov. Dannel P. Malloy is proposing in his new two-year budget, set to […]

02/05/2013

File photo of Conn. Gov. Dannel P. Malloy. (credit: MANDEL NGAN/AFP/Getty Images)

Governor Drops a Few Budget Hints

HARTFORD, Conn. (AP) _ Gov. Dannel P. Malloy says his new, two-year state budget proposal will include “a lot” of education funding, including an additional $14.1 million to help low-performing schools. The Democrat announced Friday […]

02/01/2013

State Capitol  Courtesy state of CT

Malloy: “Painful” Budget Cuts Ahead

Gov. Dannel P. Malloy says he expects “painful” budget cuts to be part of a deficit-reduction plan that doesn’t increase taxes, as his administration begins private talks with legislative leaders on how to eliminate the state’s red ink.

12/10/2012

State Capitol (Matt Dwyer/WTIC Photo)

State Budget Deficit Projected At $415 Million

State Comptroller Kevin Lembo says the state budget deficit will reach at least $415 million when the fiscal year ends next June.

12/03/2012

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