• HOME :
  • NEWS :
  • DESPITE VANISHING FEDERAL COVID RELIEF, CT’S COFFERS SWELL TO RECORD LEVELS

Despite vanishing federal COVID relief, CT’s coffers swell to record levels

JANUARY 19, 2022 | by Keith Phaneuf | CONNECTICUT PUBLIC RADIO

By Keith Phaneuf (Connecticut Mirror), includes “… Increasing income, sales and corporation tax receipts have state finances finishing more than $2.2 billion in the black this fiscal year — a whopping cushion approaching 10% of the entire budget. … The consensus projections from budget analysts for the Executive and Legislative branches give Gov. Ned Lamont and incumbent legislators great flexibility to cut taxes as they campaign for re-election, but it’s also sparking increased calls for more services for some hit hardest by the pandemic.”

VIEW LESS