Budget Battle Affects Us All
May 3, 2017Friends – I wanted to bring you up to date on our state’s two-year budget situation. It is the primary job of State Senators and Representatives to approve a Fiscal Year 2018 to 2019 to provide for our state.
Democrats were unable to present a budget document last week on the Appropriations Committee for the first time in living memory. It would have increase spending by at least $400 with matching tax increases.
The Republican budget proposal for FY 18-19 presented by my colleagues in the House and Senate does not include any tax increases – on income, on the sale of goods and on hospitals.
The plan also provides the following:
- Increases education funding to a majority of cities and towns, including Groton that faced $16 million in reductions under the Malloy administration plan.
- Requires a cap on state spending that works.
- Eliminates the tax on Social Security and pensions for low-middle income retirees.
- Preserves government programs for most vulnerable.
Within a day, new revenue estimates showed Connecticut faces a $5 billion deficit for FY 18-19. This will require more action, courage and leadership.
More details about the “Confident Connecticut” state budget proposal are available on my website: http://ctsenrepublic.wpengine.com/2017/04/republicans-unveil-confident-connecticut-state-budget-proposal-3/
Please – let me know your opinion.