Looking back at CT session & forward to gov's race
Thu May 8, 2014
Malloy celebrates Conn. session, Cafero differs
Connecticut Governor Dannel Malloy said Thursday the legislative session that just ended has improved the state’s financial footing. The Democratic Governor says he’s proud lawmakers in his party passed a budget that was balanced and did not raise taxes. With an eye towards the upcoming gubernatorial election, Malloy pledged not to raise taxes if re-elected. Republican House Minority Leader Larry Cafero says he doesn't believe that promise.
Deal puts off reinstating some tax exemptions
Prompted by lower than expected tax return revenue
Drop is blamed on reduced capital gains returns