Connecticut House Republicans are proposing half of the state’s projected $500 million budget surplus this year be spent on tax cuts. House Democrats and Gov. Dannel Malloy are reluctant to endorse the proposal.
Its official, Connecticut ended the 2013 fiscal year in June with a higher surplus than had been projected. That's according to state Comptroller Kevin Lembo's letter to Gov. Dannel Malloy on Tuesday. The final audited statement for the fiscal year will be transmitted on December 31st.