Deal puts off reinstating some tax exemptions
5:55 pm
Fri May 2, 2014

Gov. Malloy and Conn Democratic legislative leaders announce a state budget deal

Conn House Republican Leader Larry Cafero responding to the Democrat's budget plan on Friday
Credit Ebong Udoma

Connecticut’s Democratic Governor Dannel Malloy and the Democrats who control the state legislature announced on Friday that they have reached an agreement on a revised budget. The $18.7 billion dollar budget deal follows the disclosure earlier this week that a $500 million budget surplus projected in January had shrunk to $43 million.