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Programs that produced billions in budget surpluses will be tested as pressure for big tax cuts grows.
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Connecticut is projected to gain tax receipts faster than its debt grows over the next budget cycle — and the trend may last longer than that.
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Connecticut lawmakers are scheduled to being a special session today (November 28th) to discuss gasoline taxes, heating-bill help, pandemic pay for essential workers and other issues.
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Report shows debt from retirement benefit, bonding programs down more than 7%, with more to come off books soon.
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The state Employees’ Review Board has dismissed a grievance filed by Konstantinos Diamantis.
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New report pushes surplus to almost $2.8 billion, suggests state finances are well prepared through 2025.
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A new state panel tasked with revitalizing Connecticut’s poor urban centers is recommending $76.5 million in financing for more than two dozen economic development projects in 12 communities.
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Legislative leaders are considering calling a special session after the November election to look at gax tax holiday and pandemic bonus pay program.
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Connecticut has saved $9 billion since 2017, but some say the budget constraints need to be loosened.
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Early projections from Gov. Lamont put state nearly $2.3 billion in the black this fiscal year.