Estimates Show Connecticut's Budget Revenues WorseningNew revenue estimates released Monday show the state's budget problems continue to worsen, creating greater challenges for Gov. Dannel P. Malloy and state legislators as they try to negotiate a new two-year budget with a projected deficit that has ballooned to $5 billion.
Connecticut Closes Out Year With $170.4 Million DeficitConnecticut is officially closing out last fiscal year with a $170.4 million deficit in the state's main spending account.
Budget Director: Governor Can Cut Watchdog Agencies' FundingDemocratic Gov. Dannel P. Malloy's budget director has rejected a claim by Connecticut's three watchdog agencies that the governor can't reduce their budgets.
Report: Connecticut OT Spending Dropped $33 MillionA new legislative report shows overtime spending for Connecticut state employees dropped nearly $33 million during the first 11 months of the last fiscal year, which ended June 30.
Debate Over Budget Bill Likely As Special Session NearsThere may be a tentative $19.7 billion Democratic budget agreement on the table, but that doesn't mean the debate is over.
Malloy Calls For Bipartisan Talks On Budget
Malloy: It's "Too Early To Tell" If Pay Raises Will Be NixedConnecticut Gov. Dannel P. Malloy says it's ``a little early to tell'' whether a reduction in a state salary account will lead to state employees foregoing future pay raises.
Another Business Says Budget Could Force Reduced Investments
Malloy Budget Chief To Brief Connecticut LawmakersConnecticut lawmakers will be learning more about Gov. Dannel P. Malloy's plans to cover a projected $99.5 million deficit in the current $20 billion budget.
Democratic Budget Deal Passes Both Houses$19 billion budget plan passes House along mostly party line; bill goes to Senate, which is also controlled by Democrats.
New Revenue Figures Prompt Gop to Change ProposalThe 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 Offers State Budget AlternativeMinority Republicans in the Connecticut General Assembly on Thursday offered an alternative $18.9 billion state budget that scraps the governor's proposed $55 tax rebate, ends the state's earned income tax credit program for the working poor and doesn't include what the GOP calls Democratic ``gimmicks.''